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Aspects of India's Economic Growth and Reforms by R. Nagaraj Pdf
A careful examination of some widely held propositions on economic performance and the outcome of economic reforms initiated in India during the 1990s, this comprehensive reference includes studies on industrial development, economic growth, and reforms carried out over the decade. Grappling with contemporary issues of economic growth, industrial change, and policy initiatives, this analysis situates the studies in relevant literature and indicates how they have contributed to the ongoing discourse on economic analysis and policy in India.
India's Reforms by Jagdish Bhagwati,Arvind Panagariya Pdf
Openness has affected neither poverty nor inequality adversely. When surveyed, people in disproportionately large volumes from all groups say that their fortunes are improving. The essays in this volume show that trade oppenness has helped reduce poverty among most social groups.
Author : Anne O. Krueger Publisher : University of Chicago Press Page : 377 pages File Size : 47,7 Mb Release : 2011-04-15 Category : Business & Economics ISBN : 9780226454542
Economic Policy Reforms and the Indian Economy by Anne O. Krueger Pdf
India is the second most populous country in the world and also one of the poorest. From the late 1940s to 1980, India's per capita income grew at an average annual rate of only two percent. Expansionist economic reforms during the 1980s boosted economic growth but also unfortunately resulted in high inflation and a balance of payments crisis. As a consequence, in 1991 the government announced sweeping new changes in economic policies. Economic Policy Reforms and the Indian Economy evaluates the effects of those changes and identifies areas of the Indian economy still in urgent need of reform. After an overview of Indian economic policies and development since independence, papers focus on the country's fiscal situation, the environment for private economic activity, education, the reservation of certain activities for small-scale industry, and determinants of differentials in rates of growth across the different Indian states. Contributors include respected academic specialists on India and policy reform, high-level Indian administrators, and present and past policymakers.
Indian Economy: Reforms and Development by Pradip Kumar Biswas,Panchanan Das Pdf
The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.
Essays on Macroeconomic Policy and Growth in India by Shankar N. Acharya Pdf
"This collection provides a rare 'insider' account by one of the key members of the top economic policy team that was instrumental in India's reform journey during the 1990s. The book brings a unique ringside perspective to the macroeconomic management and structural reforms of that crucial decade in India's economic development."--BOOK JACKET.
Economic Reform and the Liberalisation of the Indian Economy by Richard Tregurtha Shand Pdf
A decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalised economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced growth. This important new book gauges how far India has been successful in achieving this goal by implementing the correct economic reform measures. There is a severe lack of solid analytical evidence or rigorous scientific studies on the success of India's economic reforms. The expert authors attempt to redress this imbalance with a thorough analysis of key aspects of the state of the Indian economy since 1991. Keeping poverty reduction as the major objective, they comprehensively discuss and identify further reform measures which are vital in the monetary, fiscal and agriculture sectors in order to maintain and improve the momentum of growth. When compared with East Asian countries including China, India's lacklustre growth performance indicates that the task of reform is far from over. The authors argue that India needs to pursue its reform process much more vigorously at both the central and state levels in order to achieve its full growth potential. Providing a comprehensive assessment of the impact of economic reforms in India, this book will appeal to policymakers, researchers and students with an interest in developing economies. Political scientists as well as economists in the fields of liberalisation and international development will also find this an engaging and enlightening volume.
1. Economic Reforms and Indian Agriculture 2. Economic Reforms and Indian Education 3. Economic Reforms and Indian Insurance 4. Economic Reforms and Indian’s International Trade 5. Economic Reforms and Indian Health care, Tax Reforms, Consumption Patterns and Corruption 6. Economic Reforms and Indian Banking, Millennium Development Goals, Women Empowerment, SHGs
Author : C. H. Chai,K. C. Roy Publisher : Edward Elgar Publishing Page : 303 pages File Size : 50,9 Mb Release : 2006-01-01 Category : Business & Economics ISBN : 9781845429874
Economic Reform in China and India by C. H. Chai,K. C. Roy Pdf
The authors have produced an outstanding book on economic reforms in China and India. . . This book is a wealth of information on this crucial issue, thus filling this important gap in the literature on economic reform, and also adding more knowledge to the literature on the history of economic development processes in China and India. . . [this book] will be of interest to both scholars of the economic reforms and those more generally interested in the social political changes occurring there. Tulus Tambunan, Journal of Asian Business Economists Chai and Roy have produced a well-written, properly documented study of the comparative development of India and China over the last 50 years. . . The book will be useful to graduate students in Asian studies and economic development. Policy makers in other developing countries can also benefit from this account of the experiences of two major emerging economies under different economic and political systems. Recommended. Graduate, research, and professional collections. J.S. Uppal, Choice Recent acceleration of the Indian economic growth rate from 6 to 8 per cent has sparked worldwide speculation that India is about to catch up with China and become another Asian miracle economy. Economic Reform in China and India examines this prospect, reviewing the development strategies pursued by the two countries over the last 50 years in general and exploring recently introduced reform measures in particular. The culmination of many years of research by specialists in these economies, this book assesses the performance of China and India at both macro and sectoral levels (including economic, social, political and environmental aspects). It illustrates the reasons why China has outperformed India in the past and identifies the obstacles that India will face in its attempts to catch up with China. Providing solutions for China and India that can be applied to other developing countries, this book will be invaluable for researchers, academics and students focussing on economic development and Asian studies. It will also receive much attention from investors and government analysts interested in the strategic implications of the emergence of the two Asian economic giants.
Nearly fifty years after independence, India remains a very poor country. It ranks near the bottom in terms of per capita income, and is similarly placed in the Human Development Index which measures social well-being. Economic growth in India has been less than half that of China or even other countries in Asia. And governments, at the Centre as well as in the states, are close to insolvency. The reason for our spectacular underachievement lies in the continuation of policies which had a certain validity as a response to the colonial experience, but which have long outlived their usefulness. The global economic scene has changed dramatically since they were formulated, and we must respond to the new realities. Bimal Jalan, the well known economist and present Governor of the RBI, in this lucid and well-argued book, makes a case for governments doing what they alone can best do, and less of what they cannot do effectively. 'One of the most lucid and lay-reader-accessible books to have been penned by an Indian economist.' --Outlook 'One cannot but agree with most of the suggestions made by Mr Jalan.' following the reforms process closely.' --Business India 'Jalan marshals a formidable array of facts to convey the general failure of the avowed mission of planning in India and the public sector's abysmal failure in particular.' --The Telegraph
Reforms and Economic Transformation in India by Jagdish Bhagwati,Arvind Panagariya Pdf
Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. In this book, nine original essays pursue three interrelated themes: Why the movement of workers out of agriculture, into industry and services, and from informal to formal employments has been slow, explaining the impact the reforms have had on profitability and competition among enterprises,and analyzing the impact on the socially disadvantaged in terms of wage and education outcomes and entrepreneurship.
India's Reforms by Jagdish Bhagwati,Arvind Panagariya Pdf
When India embraced systematic economic reforms in 1991 and began opening its economy to both domestic and foreign competition, critics argued that they had contributed little to the acceleration of economic growth. Their argument had rested on the claim that growth in the 1990s was no faster than in the 1980s. This claim was quickly refuted on the grounds that when properly evaluated, growth had indeed accelerated in the 1990s and more importantly, while reforms had been made systematic in 1991, they had actually begun much earlier in the late 1970s. Subsequently, the reforms of the late 1990s and early 2000s have led to a jump in the growth rate from six percent in the 1990s to eight to nine percent beginning in 2003. The reforms have also led to a major structural change in the economy: the trade to GDP ratio has tripled since 1991, there has been a gigantic expansion of foreign investment in India, and sectors such as telecommunications, airlines, and automobiles have expanded at rates much higher than at any time in the past. This dramatic turnaround has led critics to shift ground. They now argue that opening the economy to trade has hurt the poor; that rapid growth is leaving socially disadvantaged groups behind; and that reforms have led to increased inequality. The essays in this volume take these challenges head-on. They use large-scale sample surveys and other data to systematically address each of the arguments. India's Reforms is the first volume in the series Studies in Indian Economic Policies, edited by Jagdish Bhagwati and Arvind Panagariya and published by OUP. It contains the first set of five original papers produced under the auspices of the Columbia Program on Indian Economic Policies housed in the School of International and Public Affairs (SIPA) and the Institute for Social and Economic Research and Policy (ISERP).
China's Lessons for India: Volume I by Sangaralingam Ramesh Pdf
This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China’s economic experience over the last 40 years. The aim of the two books together is to evaluate China’s incremental reforms and how these reforms have impacted on the Chinese economy, based on a classical rather than from a neoclassical perspective using a case study method. In this first volume, the author examines India’s emergence from socialism and central planning as being in sharp contrast to China’s experience, and considers how we might compare the institutional difference between the countries. It also covers a theoretical grounding for the comparison of the two largest populated countries in the world, which will be taken up by the second volume.
Indian Economy Performance and Policies- SBPD Publications by Dr. V. C. Sinha Pdf
1.Economic Development : Meaning, Measurement, Indicators and Determinants,2. Underdeveloped (Developing) Economy—Concept of Underdevelopment, 3. Human Development, 4. Indian Economy on the Eve of Independence (Colonial Economy), 5. Structure and Basic Features of Indian Economy, 6. Evaluation of India’s Economic Planning, 7. Import Substituting Industrialisation, 8. Economic Reforms in India : Liberalisation, Privatisation & Globalisation, Demonetisation and GST, 9. Growth, Development and Structural Change in India, 10. Various Means of Transport : Road, Rail, Water and Air, 11. Changes in Policy Perspective in the Role of Institutional Framework After 1991, 12. Economic Growth and Distribution in India, 13. Problems of Poverty in India, 14. Unemployment in India, Nature, Extent and Employment Policy, 15.Economic Development and Environment, 16.Agriculture Growth and Performance in India, 17. Land Tenure and Reforms : Agricultural Holding and Consolidation, 18. Plans and Agriculture Development : Green Revolution, 19. Technological Change and Development in Agriculture (Agriculture Mechanisation), 20. Agricultural Price Policy, 21. Food Problem, Food Policy, Public Distribution System and Food Security, 22. Prominent Large Scale Industries of India—Cotton Textile, Jute, Sugar, Iron and Steel and Cement, 23. Micro, Small and Medium Enterprises (MSMEs) in India, 24. Foreign Trade of India, 25. India and the World Trade Organisation (WTO), 26. Role of Foreign Direct Investment in India.