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Indian Economic Crisis
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Book Synopsis India's Economic Crisis by : Bimal Jalan
Download or read book India's Economic Crisis written by Bimal Jalan and published by Oxford University Press, USA. This book was released on 1991 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: While this book covers several technical issues which will interest professional economist and policy-makers, it is also wholly accessible to the general reader.
Book Synopsis The Indian Economy by : A. Vaidyanathan
Download or read book The Indian Economy written by A. Vaidyanathan and published by Orient Blackswan. This book was released on 1995 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This tract provides an overview of Indian economic development in the last four decades since Independence. It traces the evolution of development strategies since the 1930s, attempts to understand their rationale, their problems and contradictions. It begins with an evaluation of economic performance under planning and goes on to review the range of arguments that seek to explain the constraints on growth. It argues against the rigidities and problems of the earlier system and stresses the need for strong corrective measures to restore the economy. While the tract is emphatic about the need for reforms, it questions the assumptions which underlie the present project of liberalization and reiterates the continued need for planning and state intervention within the framework of reforms.
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)
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.
Book Synopsis Global Economic Crisis and the Indian Economy by : M. M. Sury
Download or read book Global Economic Crisis and the Indian Economy written by M. M. Sury and published by . This book was released on 2009 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is all about current economic crisis, its origin, causes, impact, world response, world economic outlook and lessons to be learnt. The focus of the work, however, is on the impact of global economic crisis on India and the policy response by the Government of India, Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) and other agencies. Financial turmoil which surfaced in August 2007 in the US financial system -- as a result of defaults of sub-prime mortgage loans -- has blown into an unprecedented financial crisis engulfing international money, credit, equity and foreign exchange markets.
Book Synopsis India's Economic Crisis by : Prakash Chand Jain
Download or read book India's Economic Crisis written by Prakash Chand Jain and published by Concept Publishing Company. This book was released on 1992 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Indian Economy's Greatest Crisis by : Arun Kumar
Download or read book Indian Economy's Greatest Crisis written by Arun Kumar and published by Portfolio. This book was released on 2021-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Desperate times call for desperate measures.' The outbreak of COVID-19 aptly justifies this expression as the world faces an unprecedented situation. But what is so unusual about the coronavirus, especially since viral attacks-H1N1, Ebola and Nipah-have taken place earlier as well? How has it affected India and the world? What are the socio-economic implications for India? How has India's response been to the coronavirus? What is more important-life or livelihood? How can India recover from the sudden economic shock caused by the pandemic? This book is an attempt to answer these and many more such questions. The coronavirus hit the world in December 2019 like a hurricane. What started as a medical emergency soon turned into an economic one. No global financial crisis has ever hit humanity as hard as COVID-19. The world, therefore, was caught ill prepared when the pandemic struck. The situation, to say the least, is worse than a war. The situation in India is no different: In terms of the number of cases reported, it is second only to the United States. This book highlights the enormity of the impact of the coronavirus pandemic on India. It critically examines the government's efforts to control the disease and mitigate its adverse effects on Indian economy and society. Making a compelling argument that an economy is not like a rubber ball, which, if dropped on a hard surface, will bounce back to its original position, the author provides incisive reasons to why economic recovery will be slow and not 'V-shaped'. He, however, cogently suggests that good governance, a robust public-health system, and clean and representative politics are key to bringing India's economy back on track.
Book Synopsis Inflation and India's Economic Crisis by : Vijendra Kasturi Ranga Varadaraja Rao
Download or read book Inflation and India's Economic Crisis written by Vijendra Kasturi Ranga Varadaraja Rao and published by Delhi : Vikas Publishing House. This book was released on 1973 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: India. Monograph on the short term inflation crisis, its causes and economic policy recommendations - includes supply and demand factors influencing inflation, such as fiscal policy, monetary policy, price controls, the black market, a shrinking tax base, insufficient agricultural production and industrial production, etc. Statistical tables.
Book Synopsis Global Economic Crisis and Impact on Indian Economy by : Indian Economic Association. Annual Conference
Download or read book Global Economic Crisis and Impact on Indian Economy written by Indian Economic Association. Annual Conference and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the 92nd Annual Conference of the Indian Economic Association, held at KIIT University in 2009.
Book Synopsis Indian Economic Crisis by : C. T. Kurien
Download or read book Indian Economic Crisis written by C. T. Kurien and published by Bombay ; New York : Asia Publishing House. This book was released on 1969 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the crisis in the economy and of economic policy of India - covers economic theory, savings, investment, economic planning for economic growth, inflation, and the possibility of adopting a socialist system. References and statistical tables.
Book Synopsis India's Economic Crises, Debt Burden, and Stabilisation by : B. B. Bhattacharya
Download or read book India's Economic Crises, Debt Burden, and Stabilisation written by B. B. Bhattacharya and published by . This book was released on 1992 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :The Research Unit for Political Economy Publisher :Monthly Review Press ISBN 13 :1583679251 Total Pages :216 pages Book Rating :4.5/5 (836 download)
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.
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.
Book Synopsis Macroeconomic Policy in India Since the Global Financial Crisis by : Sebastian Morris
Download or read book Macroeconomic Policy in India Since the Global Financial Crisis written by Sebastian Morris and published by Springer Nature. This book was released on 2022-05-25 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the Indian economic crisis and brings out what went wrong and the correction necessary for getting the economy back to high growth trajectory, leading to economic transformation. To do so, the book covers trends in performance of Indian economy since the Global Financial Crisis to the COVID-19 effect, bringing out factors that have determined the same. The book questions the approach to macroeconomic policy of both the RBI and the government and brings out what it takes for macroeconomic policy to be supportive of high growth. It contains revealing contrasts with East Asia and China, although India has the same potential to grow with an expansion of manufacturing. Overall, it argues that macroeconomic policies (as much as structural, industrial, and trade policies) have been deficient and even good initiatives on the industrial policy and trade flounder for the lack of a strategic approach to macroeconomics. The book highlights the special opportunities present in an emerging economy with vast under and utilised labour and the macroeconomic policy initiatives that can take advantage of this key feature. It covers the macroeconomic data on growth using multiple indicators, then the external shocks and the internal policy measures/responses; besides, GVA/GDP, credit, exports, external transactions, interest and policy rates, yields, exchange rates, money, capital flows, indices of industrial sector, price indices and inflation, government expenditures, tax rates, fiscal deficits, market uncertainty measures to present a holistic picture of the economy and the shocks and policy actions that have followed. The book uses an innovative method of presentation and the consistency of the trends/stances of both monetary and fiscal policy using these large number of variables. It discusses the debate on overestimation of GDP/GVA growth estimates over the years from 2011-12 to about 2016-17 comprehensively. There is special coverage of GST with a comparison with China. Coverage also includes performance since the COVID-19 crisis again using a large number of indicators and an explanation for the same in terms of the limitations of the government’s initiatives to counteract. The book is a quick and ready reference of what has happened in macroeconomic terms to those interested in the relevant facts. It is of interest to international economists, policy analysts, and investors whose need to understand that the Indian economy in macroeconomic terms and in terms of the stances and penchant of the government and the RBI is of value.
Book Synopsis Economic Policy Reforms and the Indian Economy by : Anne O. Krueger
Download or read book Economic Policy Reforms and the Indian Economy written by Anne O. Krueger and published by University of Chicago Press. This book was released on 2011-04-15 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Indian Economic Crisis by : Chandrakal Prabhakar
Download or read book The Indian Economic Crisis written by Chandrakal Prabhakar and published by . This book was released on 1991 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Debate About The Advisability Of Opening Up The Economy, Going In For An Imf Loan, Restructuring The Economy, Privatisation Of Public Sector Undertakings, Rationalising Tariffs And Abolishing Subsidies Etc. Is On. The Tenth Lok Sabha Has Produced A Hung Parliament After The General Elections. The Post Independent India Had Misfortune Of Having Government Going For Soft Options Resulting In Gradually Mounting Budgetary Deficits. Economic Indiscipline Has Always Been Seeking New Ebbs. This Has Pushed Up The Inflation Rate Into Double Digits. Spiralling Non-Plan And Non Productive Government Expenditure Coupled With A Slowdown In Tax And Revenue Collections Have Brought The Country To The Bsink Of Bankruptcy. The Continuing Xenomania In Approach To Foreign Investment And The Lackadaisical Attitude In Dealing With Public Sector Undertaking Has Led To Industrial Stagnation. Everyone Is Agreed That Drastic Measures Are Called For To Set The Economy Right. But Ideological Considerations And The Hangover Of 40 Years Of Planned Mixed Economy Are Holding Back Both Politicians And Bureaucrats From Taking Bold Initiatives. This Collection Of Articles Reflects The Dilemma That The Country Faces Today. Time Alone Will Tell How India Survives The Crisis.
Book Synopsis Impact of Global Financial Crisis on Indian Economy by :
Download or read book Impact of Global Financial Crisis on Indian Economy written by and published by . This book was released on 2012 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Financial Crisis and the Indian Economy by : S. Asokkumar
Download or read book Global Financial Crisis and the Indian Economy written by S. Asokkumar and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current global financial situation continues to be uncertain and unsettled. What started off as a sub-prime crisis in the US housing mortgage sector has turned successively into a global banking crisis, a global financial crisis, and now a global economic crisis. It has engulfed international money, credit, equity, and foreign exchange markets. India has remained relatively immune from the fallout of the crisis due to several reasons, including the prudential, supervisory, and regulatory framework of the Reserve Bank of India. More importantly, the Indian banking system has shown remarkable market discipline, docility, and sincerity of purpose. It is heartening to note that in India, complex structures like synthetic securitisations have not been permitted, so far. This collection contains 18 articles covering various dimensions of the ongoing financial turmoil and its impact on India's economy.
