{"title":"Anand V. Swamy","description":"\u003cp\u003eAnand V. Swamy is a distinguished author whose works delve into the intricate relationship between economic systems and legal frameworks, particularly in the context of democratic societies. His writing provides a profound analysis of how laws impact economic development, drawing on historical insights to illuminate contemporary issues.\u003c\/p\u003e\n\n\u003cp\u003eIn the notable book \u003cem\u003eLaw and the Economy in a Young Democracy\u003c\/em\u003e, Swamy explores the dynamic interplay between governance and economic growth in emerging democracies. This thought-provoking work captivates readers with its blend of historical depth and economic theory, making it a significant contribution to the fields of history and economics.\u003c\/p\u003e\n\n\u003cp\u003eSwamy's contributions are particularly valuable for readers interested in understanding the foundational role of laws in shaping the economic landscapes of young democracies. His scholarly yet accessible approach makes complex historical and economic concepts understandable for both academics and general readers alike.\u003c\/p\u003e","products":[{"product_id":"law-and-the-economy-in-a-young-democracy-by-anand-v-swamy-9780226799001","title":"Law and the Economy in a Young Democracy","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eAn essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule.\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eEconomists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly.\u003c\/p\u003e\n\n\u003cp\u003eTaking this as given, \u003cem\u003eLaw and the Economy in a Young Democracy\u003c\/em\u003e examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor.\u003c\/p\u003e\n\n\u003cp\u003eWeaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, \u003cem\u003eLaw and the Economy in a Young Democracy\u003c\/em\u003e is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealised.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47000667783404,"sku":"9780226799001","price":93.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/20218293482268.jpg?v=1763294987"}],"url":"https:\/\/bookhero.live\/collections\/anand-v-swamy.oembed","provider":"Book Hero","version":"1.0","type":"link"}