A Political Economy of the United States, China, and India

'This is the first comparative study of the drivers of inequality in three countries with radically different political and economic institutions. Shalendra D. Sharma shows how the interaction between globalization, institutional arrangements and public policy can increase income inequality in different political and economic contexts. His original insights and sobering findings should make this book required reading for all concerned with the causes and consequences of inequality in the new gilded age.' Minxin Pei, Claremont McKenna College, California and author of China's Crony Capitalism
'Professor Sharma tackles head-on one of the toughest political economy questions of the twenty-first century: how to deal with inequality, and what can the experience of the US, China and India tell us so far? His survey of the literature and analyses of the issues are insightful and revealing. No country has so far dealt satisfactorily with the issue of growing social income and wealth disparities and the fact that different regimes are trying different solutions may suggest that the issue is not theoretical but totally outcome oriented. I commend Professor Sharma's book as essential reading for both professionals and laymen interested in how to deal with the political problem today - at least in terms of its overall effectiveness when it comes to reconciling economic growth with more equitable distribution.' Andrew Sheng, Distinguished Fellow at Fung Global Institute, and author of From Asian to Global Financial Crisis