India has gone from an economy that grew less than 1.5 percent per annum until the 1980 to more than 6 percent today. In the process, it has cut the proportion of poor below the poverty line by half. This book offers the first comprehensive account of the policy initiatives leading to this transformation. It covers virtually all areas of policy. Mr. Panagariya's book is the capstone of a career, a sustained work of scholarship. It demands a lot of its readers, and amply repays the investment. The author's father told him: Take your time, but write a definite book on India. The son did not disappoint.