AcknowledgementsList of figures and tablesPart I. Overview 1. Elizabeth Chatterjee and Matthew McCartney, 'Revisiting The Political Economy of Development in India'2. Pranab Bardhan, 'Reflections on Indian Political Economy'Part II. The Indian Economy Three Decades On3. Matthew McCartney, 'The Stagnation Debate: An Enduring Legacy'4. Maitreesh Ghatak and Ritwika Sen, 'Growth and the Subsidy Raj in India: Re-examining the Bardhan Hypothesis'5. James Manor, 'India's Political Economy: Has Something Crucial Recently Changed?'Part III. The Dominant Proprietary Classes: Continuity and Change6. Rob Jenkins, 'Business Interests and State Autonomy in India'7. John Harriss, 'The Second Dominant Proprietary Class: Rich Farmers and the Political Economy of Indian Development'8. Elizabeth Chatterjee, 'All Shook Up? State Professionals in the Reform Era'Part IV. New Elites9. Leela Fernandes, 'Rethinking the Dominant Proprietary Classes: India's Middle Classes and the Reproduction of Inequality'10. Barbara Harriss-White, Muhammad Ali Jan, and Asha Amirali, 'Malgudi on the Move: Bardhan's Political Economy and the Rest of India'Part V. Conclusions 11. Michael Walton, 'An Indian Gilded Age? Continuity and Change in the Political Economy of India's Development'IndexAbout the editors.