The development of\n institutions that conform to both democratic principles as well as\n market-capitalist ideas is one of human history's unfinished tasks. Perhaps\n it has become modern India's destiny to help finish the task. Institutions\n and institutional processes provide stability, are a means to progress and\n thus fulfil the needs of society. This functionality, however, has been lost\n in recent times and citizens around the world are losing confidence in\n institutions of government and democracy, free markets and capitalism.\n Reforming institutions has thus become the most urgent task for leaders\n across the world. Not an easy task: it is as risky as redesigning an aero\n plane while flying in it; it shakes up the foundations of stability. This\n insightful book, penned by a member of India's Planning Commission, looks at\n how India, the world's largest democracy, which embraced capitalism twenty\n years ago, has become the principal laboratory for institutional reform. It\n provides new ways to think about institutions and the process of reforming\n them and explains how we should go about reformation as a nation. The\n principles given in this book apply to institutions of government and\n business in all countries. Timely and incisive, Redesigning the Aero plane While\n Flying addresses the most essential need of the hour. Key Features: Talks\n about the key problem that our society currently faces A concise summing up\n of what India and the world, needs to do for the future Written in clear,\n lucid language in a simple style Authored by a former member of India's\n Planning Commission who has also headed various multinational organizations