India S Open Economy Policy

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India’s Open-Economy Policy

Author : Jalal Alamgir
Publisher : Routledge
Page : 192 pages
File Size : 53,6 Mb
Release : 2008-11-07
Category : Medical
ISBN : 9781135970567

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India’s Open-Economy Policy by Jalal Alamgir Pdf

This book is the first major exploration of Indian political economy using a constructivist approach. Arguing that India’s open-economy policy was made, justified, and continued on the basis of the idea of openness more than its tangible effect, the book explains what sustained the idea of openness, what philosophy, interpretations of history, and international context gave it support, justification, and persuasive force. Drawing on a wide range of contemporary and historical sources, and going as far back as the 19th century, the author reconstructs how Indian policymakers have interpreted economic priorities, perceived success and failure, and evaluated the destiny of their nation. By the 1990s, their imperatives increasingly highlighted a sense of rivalry, especially with China, and globalism, a desire to play a strong role in world affairs. The book shows how a sense of nationalist urgency was created through globalism and rivalry, allowing policymakers to privilege international needs over domestic political demands, replace economic independence with interdependence as a priority, and ensure that the broad basis of India’s openness could not be challenged effectively even though certain policies faced severe opposition. This book will be of interest to those working on International Political Economy, Globalization, Economic History, Public Policy, and South Asian politics.

Strategic Consequences of India's Economic Performance

Author : Sanjaya Baru
Publisher : Routledge
Page : 497 pages
File Size : 49,5 Mb
Release : 2013-02-01
Category : Business & Economics
ISBN : 9781134709663

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Strategic Consequences of India's Economic Performance by Sanjaya Baru Pdf

In this book, Sanjaya Baru, one of India’s most respected commentators on political and economic issues, pays close attention to the strategic consequences of India’s increasingly impressive economic performance. The new turn in India's economic policies and performance in the last decade of the twentieth century; the success of Indian enterprise in the post-WTO world; the emergence of a confident professional middle-class; a demonstrated nuclear capability; and the resilience of an open society and an open economy, in the face of multiple and complex challenges, have all shaped India's response to the tectonic shifts in the global balance of power in the post-Cold War era. In this collection of academic essays and newspaper columns, Baru explores the business of diplomacy and the diplomacy of business in a rising India. The role of India's cultural and intellectual 'soft power' in shaping global perceptions of India are examined. The book offers a panoramic view of the geopolitics and the geo-economics of India's recent rise as a free market democracy, and as such will interest both experts and lay readers.

India’s Open-Economy Policy

Author : Jalal Alamgir
Publisher : Routledge
Page : 193 pages
File Size : 47,8 Mb
Release : 2008-11-07
Category : Business & Economics
ISBN : 9781135970574

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India’s Open-Economy Policy by Jalal Alamgir Pdf

This book explains the continuity of economic openness using India as a case study. Arguing that open-economy policies in India were made, justified, and continued on the basis of the idea of openness much more than its tangible effect, it explains what sustained the idea of openness, what philosophy, interpretations of history, and types of rhetoric gave it support, justification, and persuasive force.

The Politics of Economic Restructuring in India

Author : Loraine Kennedy
Publisher : Routledge
Page : 192 pages
File Size : 55,9 Mb
Release : 2013-12-17
Category : Political Science
ISBN : 9781317937982

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The Politics of Economic Restructuring in India by Loraine Kennedy Pdf

State re-scaling is the central concept mobilized in this book to interpret the political processes that are producing new economic spaces in India. In the quarter century since economic reforms were introduced, the Indian economy has experienced strong growth accompanied by extensive sectoral and spatial restructuring. This book argues that in this reformed institutional context, where both state spaces and economic geographies are being rescaled, subnational states play an increasingly critical role in coordinating socioeconomic activities. The core thesis that the book defends is that the reform process has profoundly reconfigured the Indian state’s rapport with its territory at all spatial scales, and these processes of state spatial rescaling are crucial for comprehending emerging patterns of economic governance and growth. It demonstrates that the outcomes of India’s new policy regime are not only the product of impersonal market forces, but that they are also the result of endogenous political strategies, acting in conjunction with the territorial reorganisation of economic activities at various scales, ranging from local to global. Extensive empirical case material, primarily from field-based research, is used to support these theoretical assertions. Scholars of political economy, political and economic geography, industrial development, development studies and Asian Studies will find this a stimulating and innovative contribution to the study of the political economy in the developing countries.

The Political Economy of Agricultural Policy Reform in India

Author : Regina Birner,Surupa Gupta,Neeru Sharma
Publisher : Intl Food Policy Res Inst
Page : 261 pages
File Size : 45,7 Mb
Release : 2011
Category : Political Science
ISBN : 9780896291720

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The Political Economy of Agricultural Policy Reform in India by Regina Birner,Surupa Gupta,Neeru Sharma Pdf

Agricultural policy reform is one of the major challenges facing India today. Such reform is required to reduce poverty through faster agricultural growth and to promote more sustainable use of natural resources while ensuring food security. Subsidy policies that promote the use of fertilizer and of electricity for groundwater irrigation are in particular need of reform. While subsidies for these two inputs played a crucial role in achieving India's Green Revolution, they have been criticized during the past decade for benefitting large-scale farmers more than smallholders, placing a fiscal burden on the state, and having negative environmental effects. By analyzing the evolution of these input subsidy policies and examining the political processes involved in efforts to reform them, this study throws new light on the factors that have so far prevented a move toward more pro-poor and environmentally sustainable agricultural input policies in India. The authors show that electoral politics, institutional factors, and policy paradigms or belief systems all play an important role in blocking reform. They identify several policy reform options as well as political strategies that can overcome past obstacles to reform. Community-based policy solutions, new coalitions for policy reform, fresh approaches to the policy debate, innovative and consensus-oriented forms of deliberation, and effective use of research-based knowledge can all make positive contributions to Indian policy reform. The analyses and proposals presented in this study will be a valuable resource for policymakers and stakeholders concerned with the politics of agricultural development.

The Economy of India

Author : V. N. Balasubramanyam
Publisher : Orion
Page : 264 pages
File Size : 53,5 Mb
Release : 1984
Category : India
ISBN : STANFORD:36105039990754

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The Economy of India by V. N. Balasubramanyam Pdf

Textbook on economic structure, economic policy and economic development of India, 1950-1980 - reviews socioeconomic conditions (demographic aspects, poverty, living conditions, income distribution, unemployment, etc.), growth rate by economic sector, composition of saving and investment, trends in capital formation, impact of agricultural policy (incl. Land reform); evaluates industrialization policy based on import substitution and role of private sector foreign investment, technology transfer, development aid and trade. References.

India

Author : Vijay Joshi,Ian Malcolm David Little
Publisher : World Bank Publications
Page : 420 pages
File Size : 43,5 Mb
Release : 1994-01-01
Category : Business & Economics
ISBN : 082132652X

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India by Vijay Joshi,Ian Malcolm David Little Pdf

Presents a history of India's macroeconomy and recent developments in its political economy. Valuable lessons from India's stabilization policies explain how structural adjustment can also benefit long-term growth in the subcontinent. This analysis looks at various government policies that have influenced imports and exports, national investment and savings, gross national and domestic product, and the balance of payments. It specifically examines the degree to which stabilization has reformed agriculture and industry and has improved the relationship between the public and private sectors. A brief introduction to the Indian economy is given, and India's basic economic controls are reviewed. These include the government's national budget and its regulation of prices, production, investment, interest rates, and credit allocation. Also discussed are recent trends in investment and public spending.

India's Foreign Policy

Author : Harsh V. Pant
Publisher : Cambridge University Press
Page : 308 pages
File Size : 44,9 Mb
Release : 2019-03-21
Category : Political Science
ISBN : 9781108473668

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India's Foreign Policy by Harsh V. Pant Pdf

This volume brings together cutting-edge research in the field of Indian foreign policy both at the theoretical and empirical level.

New Economic Policies for a New India

Author : Surjit S. Bhalla
Publisher : Har-Anand Publications
Page : 294 pages
File Size : 43,6 Mb
Release : 2000
Category : India
ISBN : 8124107017

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New Economic Policies for a New India by Surjit S. Bhalla Pdf

A work achieved under the auspices of Indian Council of social Science Research.

Evaluating Trade and Economic Relations Between India and Southeast Asia

Author : Medhekar, Anita,Kaur, Harpreet
Publisher : IGI Global
Page : 347 pages
File Size : 51,8 Mb
Release : 2021-11-19
Category : Business & Economics
ISBN : 9781799857761

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Evaluating Trade and Economic Relations Between India and Southeast Asia by Medhekar, Anita,Kaur, Harpreet Pdf

Owing to a strong cultural and historical bond, India and Southeast Asia have progressed rapidly. Though there are political and ideological differences between these two entities, it may not hamper the strong bond as there are many common shared values among these nations. The history of these nations identifies that the cooperation between them in terms of trade and commerce is not upheld per the given potential of these nations. In the past, the Indian economy was linked with Southeast Asian countries under the “Look East” policy, which has been re-energized again under the present government. Now, the “Look East” policy is practically more vibrant than ever before with the motto “Act East.” This policy facilitates these countries in emphasizing the importance of better regional connectivity for tourism as well as robust trade and commerce. It leads to a phenomenal growth in terms of imports and exports for these countries. Evaluating Trade and Economic Relations Between India and Southeast Asia sheds light on the trade and economic linkages between India and Southeast Asia and their impact on the nations in the past, present, and for the future. The chapters study whether the win-win strategy works for the strengthening of these countries in terms of both trade relations and political integrity, as well as in facing common enemies across international boundaries. Some of the topics covered include food security, tourism opportunities, trade blocs, trade relations, and economic relations between countries. This book is a valuable reference tool for economists, government officials, policymakers, trade analysts, practitioners, researchers, academicians, and students interested in the policies and relations between India and Southeast Asia that affect trade and the economy.

Economy-Wide Assessment of Regional Policies in India

Author : Kakali Mukhopadhyay
Publisher : Springer Nature
Page : 431 pages
File Size : 40,7 Mb
Release : 2021-09-20
Category : Business & Economics
ISBN : 9783030756680

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Economy-Wide Assessment of Regional Policies in India by Kakali Mukhopadhyay Pdf

In the fast-changing policy arena of a country as diverse as India, gauging regional implications of policy shifts is critical but challenging. E3-India is a policy evaluation tool based on the internationally recognized E3ME global model, that allows for iterative quantification of multiple policy options within an integrated economy-energy-environment framework to support wellinformed progressive policy choices at the regional level. This book provides comprehensive coverage of creating and using E3 modeling framework for regional policy analysis, which is available in public domain for the first time in India, addressing existing flagship Government of India policies, including but not limited to the Make in India initiative, Digital India initiative, Automotive Mission Plan, Nationally Determined Commitments under the Paris agreement, and the Atmanirbhar Bharat relief package. These studies have been designed to provide in-depth and lucid insights regarding choices for resource allocation by policymakers, thereby serving as a comprehensive guide for evidence-based policymaking in India.

Economic Policy Reforms and the Indian Economy

Author : Anne O. Krueger
Publisher : University of Chicago Press
Page : 377 pages
File Size : 40,9 Mb
Release : 2011-04-15
Category : Business & Economics
ISBN : 9780226454542

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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.

Endogenous Origins of Economic Reforms in India and Chin

Author : Rajiv G. Maluste
Publisher : Universal-Publishers
Page : 369 pages
File Size : 42,7 Mb
Release : 2011-07
Category : Business & Economics
ISBN : 9781612337531

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Endogenous Origins of Economic Reforms in India and Chin by Rajiv G. Maluste Pdf

'Attitudinal change' in the context of economic reforms has been referred to in Rodrik and Subramanian (2005), DeLong (2003), Kohli (1989), and Panagariya (2004, 2008). This dissertation provides empirical support for this literature, establishing an earlier start for India's economic policy liberalisation than presented in stylized accounts. It demonstrates the endogenous nature of the origins of these policy shifts. 'Attitudinal change' literature had directed attention to the need for further research into India's policy changes of the early 1980s and for studying broader comparability issues in other developing countries. This research makes a contribution towards filling these gaps. This dissertation shows that India started its economic liberalisation under the Indira Gandhi administration from 1980 to 1984. These findings depart from the conventional view that India's economic policy changes were initiated by the Narasimha Rao government in 1991, or by the Rajiv Gandhi administration in the mid to late 1980s. The dissertation establishes that policy shifts of the early 1980s had endogenous origins in the political leadership's attitudinal changes. The Indira Gandhi administration of the early 1980s revisited the statist policies of its previous tenure from 1966 to 1977. The new approach entailed more openness towards private enterprise, scaling back the role of the public sector, and starting India's integration into the global economy. The dissertation also discusses the comparable role of attitudinal changes at the start of China's policy liberalisation led by Deng Xiaoping from 1978 to 1982. It focuses on the significance and challenges faced by China's political leadership in bringing about societal attitudinal change. The dissertation concludes by drawing comparisons between India and China, developing a linkage between their endogenous attitudinal changes and economic policy liberalisation.

Economic Policy in a Liberalising Economy

Author : Yoginder Kumar Alagh
Publisher : Springer
Page : 89 pages
File Size : 53,9 Mb
Release : 2018-11-02
Category : Political Science
ISBN : 9789811328176

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Economic Policy in a Liberalising Economy by Yoginder Kumar Alagh Pdf

This book follows up on the author’s popular previous volume on Indian development planning and policy, published under the UNU WIDER series in development economics. It first introduces an evaluation of the newly mandated policy body of India, National Institution for Transforming India (also called the NITI Aayog), which replaced the erstwhile Planning Commission. As per the government site, NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. While designing strategic and long term policies and programmes for the Government of India, NITI Aayog also provides relevant technical advice to the Centre and States.The book goes on to critically describe and analyse the think tank’s policies in sectors like population, demographics and poverty; agriculture and industry; and infrastructure. Lastly, the concluding chapter discusses appropriate future policies. The approach is to analyse the policy stance of the present Government in India as stated in recent official documents and to see if it has any relationship with past plans in terms of concepts or program details. In addition to the policy makers, the book is a must have resource for students of development economics, particularly of India, and provides a critical account of policies for emerging economies.

Globalization and India's Economic Integration

Author : Baldev Raj Nayar
Publisher : Georgetown University Press
Page : 316 pages
File Size : 51,8 Mb
Release : 2014-10-14
Category : Political Science
ISBN : 9781626161078

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Globalization and India's Economic Integration by Baldev Raj Nayar Pdf

A common critique of globalization is that it causes economic segmentation and even disintegration of the national economy. Quite to the contrary, Baldev Raj Nayar provides a thorough empirical treatment of India’s political economy that challenges this critique by demonstrating that, on balance, both state and market have functioned to attenuate such a disintegrative impact and to accentuate economic integration. The active role of the Indian state in the areas of economic planning, fiscal federalism, and tax reform has resulted in improved economic integration and not increased segmentation. Similarly, his investigation of trade, investment, entrepreneurship, and migration suggests tendencies inherent in the market in favor of economic integration, especially when assisted by the state. While globalization has its benefits, such as higher economic growth, and costs, such as external shocks, Nayar’s findings show that India has benefited from globalization more than it has been victimized by it. Globalization and India’s Economic Integration shows how globalization’s pressures favoring efficiency paradoxically induced the state to push for consolidation on a pan-Indian scale in the area of fiscal federalism and to advance the cause of the common market through reforming the indirect tax system; meanwhile, the state has pressed forward with social inclusiveness as never before in its economic planning. For another, the market, too, has been instrumental, because of its widened scope and its inherently expanding character, in strengthening economic integration through trade expansion, diffusion of industry, and increased inter-state migration. Nayar’s groundbreaking work will interest students, scholars, and specialists of India, South Asia, globalization, and political economy.