India And The Global Economy

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Reintegrating India with the World Economy

Author : T. N. Srinivasan
Publisher : Columbia University Press
ISBN 13 : 0881324442
Total Pages : 192 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Reintegrating India with the World Economy by : T. N. Srinivasan

Download or read book Reintegrating India with the World Economy written by T. N. Srinivasan and published by Columbia University Press. This book was released on 2003-05-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

Dancing with Giants

Author : Alan Winters
Publisher : World Bank Publications
ISBN 13 : 9780821367506
Total Pages : 288 pages
Book Rating : 4.3/5 (675 download)

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Book Synopsis Dancing with Giants by : Alan Winters

Download or read book Dancing with Giants written by Alan Winters and published by World Bank Publications. This book was released on 2007-01-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is now the world's fourth largest economy and growing very fast. India's economic salience is also on the rise. Together these two countries will profoundly influence the pace and nature of global economic change. Drawing upon the latest research, this volume analyzes the influences on the rapid future development of these two countries and examines how their growth is likely to impinge upon other countries. It considers international trade, industrialization, foreign investment and capital flows, and the implications of their broadening environmental footprints. It also discusses how the two countries have tackled poverty, inequality and governance issues and whether progress in these areas will be a key to rapid and stable growth.

India and the Global Economy

Author : Rajiv Kumar
Publisher : Academic Foundation
ISBN 13 : 9788171886616
Total Pages : 358 pages
Book Rating : 4.8/5 (866 download)

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Book Synopsis India and the Global Economy by : Rajiv Kumar

Download or read book India and the Global Economy written by Rajiv Kumar and published by Academic Foundation. This book was released on 2008 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the Conference on India and the Global Economy, held at New Delhi during 6-7 November 2006.

Globalization and India's Economic Integration

Author : Baldev Raj Nayar
Publisher : Georgetown University Press
ISBN 13 : 1626161089
Total Pages : 316 pages
Book Rating : 4.6/5 (261 download)

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Book Synopsis Globalization and India's Economic Integration by : Baldev Raj Nayar

Download or read book Globalization and India's Economic Integration written by Baldev Raj Nayar and published by Georgetown University Press. This book was released on 2014-11-12 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

India in the World Economy

Author : Tirthankar Roy
Publisher : Cambridge University Press
ISBN 13 : 1107009103
Total Pages : 303 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis India in the World Economy by : Tirthankar Roy

Download or read book India in the World Economy written by Tirthankar Roy and published by Cambridge University Press. This book was released on 2012-06-18 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This enthralling book offers a new approach to Indian economic history, placing trade and mercantile activity in the region within a global framework.

Our Time Has Come

Author : Alyssa Ayres
Publisher : Oxford University Press
ISBN 13 : 0190494522
Total Pages : 361 pages
Book Rating : 4.1/5 (94 download)

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Book Synopsis Our Time Has Come by : Alyssa Ayres

Download or read book Our Time Has Come written by Alyssa Ayres and published by Oxford University Press. This book was released on 2018 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long plagued by poverty, India's recent economic growth has vaulted it into the ranks of the world's emerging powers-but what kind of power it wants to be remains a mystery. Cautious Superpower explains why India behaves the way it does, and the role it is likely to play globally as its prominence grows. --

India and the Global Financial Crisis

Author : Y. Venugopal Reddy
Publisher : Anthem Press
ISBN 13 : 1843318016
Total Pages : 414 pages
Book Rating : 4.8/5 (433 download)

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Book Synopsis India and the Global Financial Crisis by : Y. Venugopal Reddy

Download or read book India and the Global Financial Crisis written by Y. Venugopal Reddy and published by Anthem Press. This book was released on 2010 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'India and the Global Financial Crisis' offers a collection of key speeches delivered by Reddy during his tenure as Governor of the Reserve Bank of India, and provides insights into the challenges facing the management of India's calibrated integration within the global economy.

The Rise of China and India

Author : A. Santos-Paulino
Publisher : Springer
ISBN 13 : 0230282091
Total Pages : 284 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis The Rise of China and India by : A. Santos-Paulino

Download or read book The Rise of China and India written by A. Santos-Paulino and published by Springer. This book was released on 2010-10-13 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a timely addition to the emerging literature on the rise of China and India, focusing on how rapid economic growth and geopolitical changes in these countries are reshaping the world economy and global governance. It covers issues such as productivity, labor market, trade competition, and energy.

India and the Knowledge Economy

Author : Carl J. Dahlman
Publisher : World Bank Publications
ISBN 13 : 0821362089
Total Pages : 216 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis India and the Knowledge Economy by : Carl J. Dahlman

Download or read book India and the Knowledge Economy written by Carl J. Dahlman and published by World Bank Publications. This book was released on 2005-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the global knowledge economy of the twenty-first century, India's development policy challenges will require it to use knowledge more effectively to raise the productivity of agriculture, industry, and services and reduce poverty. India has made tremendous strides in its economic and social development in the past two decades. Its impressive growth in recent years-8.2 percent in 2003-can be attributed to the far-reaching reforms embarked on in 1991 and to opening the economy to global competition. In addition, India can count on a number of strengths as it strives to transform itself into a knowledge-based economy-availability of skilled human capital, a democratic system, widespread use of English, macroeconomic stability, a dynamic private sector, institutions of a free market economy; a local market that is one of the largest in the world; a well-developed financial sector; and a broad and diversified science and technology infrastructure, and global niches in IT. But India can do more-much more-to leverage its strengths and grasp today's opportunities. India and the Knowledge Economy assesses India's progress in becoming a knowledge economy and suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure. It highlights that to get the greatest benefits from the knowledge revolution, India will need to press on with the economic reform agenda that it put into motion a decade ago and continue to implement the various policy and institutional changes needed to accelerate growth. In so doing, it will be able to improve its international competitivenessand join the ranks of countries that are making a successful transition to the knowledge economy."

The Dragon and the Elephant

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309152895
Total Pages : 79 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Dragon and the Elephant by : National Research Council

Download or read book The Dragon and the Elephant written by National Research Council and published by National Academies Press. This book was released on 2010-03-25 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: The return of the once-dormant economies of China and India to dynamism and growth is one of the most remarkable stories in recent history. The two countries are home to nearly 40 percent of the world's population, but until recently neither had played an influential role in the contemporary global economy. In the past two decades, China and India have liberalized internal economic policy, treatment of foreign investment, and trade, and have experienced economic growth at sustained high rates. From the point of view of the United States, however, the most important development in the Chinese and Indian economies in the long term may be the strides they are making in developing their own domestic innovation capacities. After a long period of underinvestment, both countries have committed to growing their science and education systems to bolster research and further economic expansion. Some observers of the recent growth have said that both countries are surging in their efforts to spur innovation; others have emphasized the potential of one country over the other; and still others have suggested that both China and India have a long way to go before achieving innovation-driven growth. With such a range of views, The National Academies set out to describe developments in both countries, in relation to each other and the rest of the world, by organizing a conference in Washington, D.C. The conference, summarized in this volume, discussed recent changes at both the macroeconomic level and also in selected industries, and explored the causes and implications of those changes.

Industralization of China and India

Author : Nobuharu Yokokawa
Publisher : Routledge
ISBN 13 : 113409387X
Total Pages : 240 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Industralization of China and India by : Nobuharu Yokokawa

Download or read book Industralization of China and India written by Nobuharu Yokokawa and published by Routledge. This book was released on 2013-04-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides new perspectives on recent Asian dynamism which go beyond the mainstream views, by attempting to situate the recent economic expansion within a broader analysis of capitalist accumulation and the various processes that it generates both within and across economies. The contributions in the book include analyses of recent growth patterns in both China and India; assessments of the sustainability of such growth and potential constraints and pitfalls; the role of international finance in affecting both national and international growth and employment patterns; the factors determining particular accumulation strategies and the results of these strategies. These forces within the two economies of China and India are situated within a broader assessment of the impacts on the world economy, by identifying long run tendencies in international capitalism and changing patterns of uneven development. Specific issues emerging within the Asian region are identified, including not just the relations between the three large Asian economies, but also the wider geopolitical implications as well as the political economy of these changes. This book therefore provides a more comprehensive examination of the longer run dynamics of the global capitalist system in which these economies are necessarily destined to play more significant roles in future.

Globalisation and Indian Economy

Author : Bharat Jhunjhunwala
Publisher : Gyan Publishing House
ISBN 13 : 9788178355993
Total Pages : 316 pages
Book Rating : 4.3/5 (559 download)

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Book Synopsis Globalisation and Indian Economy by : Bharat Jhunjhunwala

Download or read book Globalisation and Indian Economy written by Bharat Jhunjhunwala and published by Gyan Publishing House. This book was released on 2007 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the changing contours of India s position in the global economy. The first section deals with India s defensive posture in the nineties vis-à-vis the Multinational Companies. The resistance to speedy opening up of the economy has enabled Indian businesses to become globally competitive. The second section deals with the challenges before Indian in the begging of the 21st millennium as she is increasingly recognized as a world power. The earlier defensive posture has to be change into an offensive posture now with India aiming to break the economies of the rich countries. This can be done, for example, withdrawing forex reserves from US T-Bills. The third section deals with the challenges before India in establishing a just world order. The question in how to break the inherent injustice in the world economy where 20 percent of the people of rich countries are consuming 80 percent of the resources. India should not tie its wagon to the engine of rich countries and try to gain form injustice of the present world order. Instead, India must take the lead in confronting the injustice perpetrated by the rich countries, organize the developing countries and establish a world economy based on justice.

In an Outpost of the Global Economy

Author : Carol Upadhya
Publisher : Routledge
ISBN 13 : 1136518509
Total Pages : 264 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis In an Outpost of the Global Economy by : Carol Upadhya

Download or read book In an Outpost of the Global Economy written by Carol Upadhya and published by Routledge. This book was released on 2012-04-27 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: While much has been written on the growth of information technology (IT) and IT-enabled services in India, little is known about the people who work in these industries, about the nature of the work itself, and about its wider social and cultural ramifications. The papers in this collection combine empirical research with theoretical insight to fill this gap and explore questions about the trajectory of globalization in India. The themes covered include: (a) sourcing and social structuring of the new global workforce; (b) the work process, work culture, regimes of control and resistance in IT-enabled industries; (c) work, culture and identity; (d) nations, borders and cross-border flows.

India

Author : Arvind Panagariya
Publisher : Oxford University Press
ISBN 13 : 0195315030
Total Pages : 546 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis India by : Arvind Panagariya

Download or read book India written by Arvind Panagariya and published by Oxford University Press. This book was released on 2008-03-03 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.

India

Author : Jean Drèze
Publisher : Oxford University Press, USA
ISBN 13 : 9780199257492
Total Pages : 544 pages
Book Rating : 4.2/5 (574 download)

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Book Synopsis India by : Jean Drèze

Download or read book India written by Jean Drèze and published by Oxford University Press, USA. This book was released on 2002 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the role of public action in eliminating deprivation and expanding human freedoms in India. The analysis is based on a broad and integrated view of development, which focuses on well-being and freedom rather than the standard indicators of economic growth. The authors placehuman agency at the centre of stage, and stress the complementary roles of different institutions (economic, social, and political) in enhancing effective freedoms.In comparative international perspective, the Indian economy has done reasonably well in the period following the economic reforms initiated in the early nineties. However, relatively high aggregate economic growth coexists with the persistence of endemic deprivation and deep social failures. JeanDreze and Amartya Sen relate this imbalance to the continued neglect, in the post-reform period, of public involvement in crucial fields such as basic education, health care, social security, environmental protection, gender equity, and civil rights, and also to the imposition of new burdens such asthe accelerated expansion of military expenditure. Further, the authors link these distortions of public priorities with deep-seated inequalities of social influence and political power. The book discusses the possibility of addressing these biases through more active democratic practice.

OECD Economic Surveys: India 2019

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264823514
Total Pages : 143 pages
Book Rating : 4.2/5 (648 download)

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Book Synopsis OECD Economic Surveys: India 2019 by : OECD

Download or read book OECD Economic Surveys: India 2019 written by OECD and published by OECD Publishing. This book was released on 2019-12-24 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit and non-performing loans. India's participation in the global economy has risen, with outstanding performances in some services, while the largest diaspora in the world is an asset in developing new markets. India has also lifted many millions of people out of poverty and has made access to housing for all a priority. Ambitious structural reforms -- including better targeted household support, financial inclusion initiatives, the implementation of the Goods and Services Tax, the Insolvency and Bankruptcy Code, the new approach to federalism and the corporate income tax reform -- have played a key role.

Crisis and Predation

Author : The Research Unit for Political Economy
Publisher : Monthly Review Press
ISBN 13 : 1583679243
Total Pages : 216 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Crisis and Predation by : The Research Unit for Political Economy

Download or read book Crisis and Predation written by The Research Unit for Political Economy and published by Monthly Review Press. This book was released on 2020-11-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: How India's COVID-19 lockdown is creating an unprecedented humanitarian disaster With the advent of COVID-19, India’s rulers imposed the world’s most stringent lockdown on an already depressed economy, dealing a body blow to the majority of India’s billion-plus population. Yet the Indian government’s spending to cushion the lockdown’s economic impact ranked among the world’s lowest in GDP terms, resulting in unprecedented unemployment and hardship. Crisis and Predation shows how this tight-fistedness stems from the fact that global financial interests oppose any sizable expansion of public spending by India, and that Indian rulers readily adhere to their guidance. The authors reveal that global investors and a handful of top Indian corporate groups actually benefit from the resulting demand depression: armed with funds, they are picking up valuable assets at distress prices. Meanwhile, under the banner of reviving private investment, India’s rulers have planned giant privatizations, and drastically revised laws concerning industrial labor, the peasantry, and the environment—in favor of large capital. And yet, this book contends, India could defy the pressures of global finance in order to address the basic needs of its people. But this would require shedding reliance on foreign capital flows, and taking a course of democratic national development. This, then, is a pursuit, not for India’s ruling classes, but a course of struggle for India's people.