India's Industrial Policy and Performance

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Author :
Publisher : Routledge Chapman & Hall
ISBN 13 : 9781032052700
Total Pages : 0 pages
Book Rating : 4.0/5 (527 download)

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Book Synopsis India's Industrial Policy and Performance by : NITYA. NANDA

Download or read book India's Industrial Policy and Performance written by NITYA. NANDA and published by Routledge Chapman & Hall. This book was released on 2023-09-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the performance of Indian industries from the perspectives of trade, investment, policy, and development incentives. It evaluates the relevance and the macro- and microeconomic impact of industrial policy on growth in different sectors of industry. The book examines India's key policy initiatives and economic and institutional plans through many decades and examines their short and long-term effects on industrial environment and performance. It measures India's strategic policies and efforts to promote industrialization against similar initiatives in countries like Germany, Japan, South Korea, and Taiwan. The volume also contextualizes the performance of different sectors of industry such as automobiles, electronics and information technology, and pharmaceuticals, among others, within the larger framework of global economic scenario and competition. This book will be of great interest to researchers and students of economics, political economy, industrial development and policy, and South Asia studies.

Industrial Policy and Economic Development in India

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Publisher :
ISBN 13 : 9788177083101
Total Pages : 630 pages
Book Rating : 4.0/5 (831 download)

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Book Synopsis Industrial Policy and Economic Development in India by : Anup Chatterjee

Download or read book Industrial Policy and Economic Development in India written by Anup Chatterjee and published by . This book was released on 2012 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: India's development pattern during 1950-80 was characterised by strong centralised planning, Government ownership of basic and key industries, excessive regulation and control of private enterprise, trade protectionism -- through tariff and non-tariff barriers -- and a cautious and selective approach towards foreign capital. It was a quota, permit and license regime guided and controlled by a bureaucracy trained in colonial style. This so-called inward-looking, import substitution strategy of economic development began to be widely questioned with the beginning of 1980s. Policy makers started realising the drawbacks of this strategy which inhibited competitiveness and efficiency and produced a much lower rate of growth than expected. Tilt towards economic liberalisation started in 1985 when Government announced a series of measures aimed at deregulation and liberalisation of industry. These measures, described as New Economic Policy, were followed by drastic changes introduced by the 1991 Industrial Policy Statement of the Government. As a result of economic reforms of the last 20 years, India is presently one of worlds fastest growing economies. In the last few years, it has emerged as a global economic power, the leading outsourcing destination and a favourite of international investors. Indian industry has upgraded technology and product quality to a significant degree and met the challenge of openness after being protected for so long. The Approach Paper to the Twelfth Five Year Plan (2012-13 to 2016-17) released by the Planning Commission, Government of India in October 2011 expressed concern at the slow growth of the manufacturing sector and emphasised "the need to sharply change the growth trajectory of Indias manufacturing sector" by adopting a holistic appraisal of what needs to be done to improve its competitiveness. This book contains 15 chapters which trace developments in different aspects of industrialisation during the post-Independence period, explain the key reform measures undertaken for making Indian industry internationally competitive and examine current issues pertaining to this vital sector of the Indian economy. The book also contains the following 5 appendices: Appendix 1: Industrial Policy Resolution, 1956. Appendix 2: Statement on Industrial Policy, July 24, 1991. Appendix 3: Year-wise Review of Industrial Developments in India: 1947-48 to 2011-12. Appendix 4: Edited Extracts from Indias Five Year Plans on Industry (I to XII Plan). Appendix 5: Glossary of Industrial Terms.

Industrial Policy Challenges for India

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Publisher : Taylor & Francis
ISBN 13 : 0429534418
Total Pages : 201 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis Industrial Policy Challenges for India by : Smitha Francis

Download or read book Industrial Policy Challenges for India written by Smitha Francis and published by Taylor & Francis. This book was released on 2019-03-15 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI liberalisation, in particular those through FTAs. With the share of manufacturing in GDP stagnant at around 15–16% since the 1980s, India’s policymakers have pinned their hopes on greater integration into GVCs to revitalise the manufacturing sector. The multiple FTAs the country has signed over the last few years, specifically the ones with the Association of Southeast Asian Nations (ASEAN), South Korea, Malaysia and Japan have been sought to be rationalised using the same argument. The book argues that failing to factor in the industrial policy causalities involved in sustainable indigenous technology development, structural barriers to the entry into GVCs, the assessments of the available evidence on the adverse impact of trade and FDI liberalisation as well as existing FTAs on firm-level incentives for undertaking domestic production, and the industrial policy constraints imposed by FTAs can prove costly for the trajectories of developing country economies, including India. Rich in data, this book will be useful to scholars and researchers of development economics, economics in general, development studies and public policy as well as government bodies, industry experts and policymakers.

Industrial Policy for the Sustainable Development Goals Increasing the Private Sector’s Contribution

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Publisher : OECD Publishing
ISBN 13 : 9264868070
Total Pages : 196 pages
Book Rating : 4.2/5 (648 download)

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Book Synopsis Industrial Policy for the Sustainable Development Goals Increasing the Private Sector’s Contribution by : OECD

Download or read book Industrial Policy for the Sustainable Development Goals Increasing the Private Sector’s Contribution written by OECD and published by OECD Publishing. This book was released on 2021-09-15 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can governments support the private sector’s contribution to the Sustainable Development Goals (SDGs)? This book investigates the contribution of firms to the SDGs, particularly through their core business, taking into account inter-sectoral linkages and global value chains, using novel techniques and data sources.

The Oxford Handbook of Industrial Policy

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Publisher : Oxford University Press, USA
ISBN 13 : 0198862423
Total Pages : 981 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis The Oxford Handbook of Industrial Policy by : Arkebe Oqubay

Download or read book The Oxford Handbook of Industrial Policy written by Arkebe Oqubay and published by Oxford University Press, USA. This book was released on 2020-10-19 with total page 981 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economies after the 2008 global financial crisis, and mounting anxieties about the national consequences of globalization. The Oxford Handbook of Industrial Policy presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy. The Handbook also presents analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, and political economy. By combining historical and theoretical perspectives, and integrating conceptual issues with empirical evidence drawn from advanced, emerging, and developing countries, The Handbook offers valuable lessons and policy insights to policymakers, practitioners and researchers on developing productive transformation, technological capabilities, and international competitiveness. It addresses pressing issues including climate change, the gendered dimensions of industrial policy, global governance, and technical change. Written by leading international thinkers on the subject, the volume pulls together different perspectives and schools of thought from neo-classical to structuralist development economists to discuss and highlight the adaptation of industrial policy in an ever-changing socio-economic and political landscape.

Efficiency, Finance, and Varieties of Industrial Policy

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Publisher : Columbia University Press
ISBN 13 : 0231542771
Total Pages : 527 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Efficiency, Finance, and Varieties of Industrial Policy by : Akbar Noman

Download or read book Efficiency, Finance, and Varieties of Industrial Policy written by Akbar Noman and published by Columbia University Press. This book was released on 2016-11-29 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.

Development and Modern Industrial Policy in Practice

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1784715549
Total Pages : 425 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Development and Modern Industrial Policy in Practice by : Jesus Felipe

Download or read book Development and Modern Industrial Policy in Practice written by Jesus Felipe and published by Edward Elgar Publishing. This book was released on 2015-04-24 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development and Modern Industrial Policy in Practice provides an up-to-date analysis of industrial policy. Modern industrial policy refers to the set of actions and strategies used to favor the more dynamic sectors of the economy. A key aspect of moder

Industrial Development for the 21st Century

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Publisher : Zed Books
ISBN 13 : 9781848130272
Total Pages : 452 pages
Book Rating : 4.1/5 (32 download)

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Book Synopsis Industrial Development for the 21st Century by : David O'Connor

Download or read book Industrial Development for the 21st Century written by David O'Connor and published by Zed Books. This book was released on 2008-06-01 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: With very few exceptions, industrial development has been central to the process of structural transformation which characterises economic development. Industrial Development for the 21st century examines the new challenges and opportunities arising from globalization, technological change and new international trade rules. The first part focuses on key sectors with potential for developing countries, focussing on two key themes. First, traditional points of entry for late industrializers - like textiles and clothing - have become even more intensely competitive than ever before, requiring more innovative adaptive strategies for success. Second, countries now recognize that manufacturing does not exhaust the opportunities for producing high value-added goods and services for international markets. Knowledge intensity is increasing across all spheres of economic activity, including agriculture and services, which can offer promising development paths for some developing countries. The final section addresses social and environmental aspects of industrial development. Labour-intensive, but not necessarily other patterns of industrial development can be highly effective in poverty reduction though further industrial progress may be less labour-intensive. A range of policies can promote industrial energy and materials efficiency, often with positive impacts on firms' financial performance as well as the environment. Promoting materials recycling and reuse is an effective, if indirect means of conserving resources. Finally, the growth of multinational interest in corporate social responsibility is traced, with consideration given to both the barriers and opportunities this can pose for developing country enterprises linked to global supply chains.

Industrial Policy and Sustainable Growth

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Publisher : Springer
ISBN 13 : 9789811057403
Total Pages : 0 pages
Book Rating : 4.0/5 (574 download)

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Book Synopsis Industrial Policy and Sustainable Growth by : Murat A. Yülek

Download or read book Industrial Policy and Sustainable Growth written by Murat A. Yülek and published by Springer. This book was released on 2018-01-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume looks at the critical issues of industrial policy and sustainability. It assesses the gap between how developed and developing countries have integrated sustainability issues in their industrial policies, and how they should have ideally done so. The book looks at the specific issues of middle income trap, levels of industrialization and the distribution of manufacturing activities among nations, and presents analysis of sector and country specific policy case studies in areas such as health, energy, medical devices, aviation, automobile manufacturing. The volume also examines trade policies and their impact on industry and environment, and elaborate on how industrial policies involve selective direct and indirect sectoral policies which play a role in assisting policy makers manage objectives of catch up and sustainability.

The Oxford Handbook of Industrial Hubs and Economic Development

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Publisher : Oxford University Press
ISBN 13 : 0192590944
Total Pages : 800 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis The Oxford Handbook of Industrial Hubs and Economic Development by : Arkebe Oqubay

Download or read book The Oxford Handbook of Industrial Hubs and Economic Development written by Arkebe Oqubay and published by Oxford University Press. This book was released on 2020-07-23 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.

Paths to the Emerging State in Asia and Africa

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Publisher : Springer
ISBN 13 : 9811331316
Total Pages : 305 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Paths to the Emerging State in Asia and Africa by : Keijiro Otsuka

Download or read book Paths to the Emerging State in Asia and Africa written by Keijiro Otsuka and published by Springer. This book was released on 2019-01-16 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.

The Industries (Development and Regulation) Act, 1951

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Author :
Publisher : Universal Law Publishing
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Industries (Development and Regulation) Act, 1951 by :

Download or read book The Industries (Development and Regulation) Act, 1951 written by and published by Universal Law Publishing. This book was released on 2001 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pathways to Industrialization in the Twenty-First Century

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Author :
Publisher : Wider Studies in Development E
ISBN 13 : 0199667853
Total Pages : 466 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Pathways to Industrialization in the Twenty-First Century by : Adam Szirmai

Download or read book Pathways to Industrialization in the Twenty-First Century written by Adam Szirmai and published by Wider Studies in Development E. This book was released on 2013-02-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the importance of industrialization and the development of manufacturing in the economic development process. It focuses specifically on new challenges such as global value chains, the rise of China, climate change, and the role of state versus private sector entrepreneurs in forging appropriate industrial policies.

Scoring 50 Years of US Industrial Policy, 1970–2020

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Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327468
Total Pages : 127 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Scoring 50 Years of US Industrial Policy, 1970–2020 by : Gary Clyde Hufbauer

Download or read book Scoring 50 Years of US Industrial Policy, 1970–2020 written by Gary Clyde Hufbauer and published by Peterson Institute for International Economics. This book was released on 2021-11-29 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy is making a comeback in the United States. It is more urgent than ever to understand how and whether industrial policy has worked to strengthen the US economy. This study analyzes and scores 18 US industrial policy episodes implemented between 1970 and 2020, in an effort to assess what went right and what went wrong—and how the current initiatives might fare. The Peterson Institute for International Economics gratefully acknowledges the support of the Koch Foundation for this project.

Transforming Economies

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Publisher :
ISBN 13 : 9789221285663
Total Pages : 400 pages
Book Rating : 4.2/5 (856 download)

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Book Synopsis Transforming Economies by : José Manuel Salazar-Xirinachs

Download or read book Transforming Economies written by José Manuel Salazar-Xirinachs and published by . This book was released on 2014-05-05 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps connect the dots between economic theory, the role of capabilities, the lessons from history and the practical challenges of design and implementation of industrial policies. In so doing it provides an excellent policy roadmap for anyone interested in the challenge of promoting catch-up growth and productive transformation.

Trade and Industrial Development in Africa

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Publisher : CODESRIA
ISBN 13 : 2869785712
Total Pages : 406 pages
Book Rating : 4.8/5 (697 download)

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Book Synopsis Trade and Industrial Development in Africa by : Moyo, Theresa

Download or read book Trade and Industrial Development in Africa written by Moyo, Theresa and published by CODESRIA. This book was released on 2015-03-02 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.

Innovation, Economic Development, and Intellectual Property in India and China

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Author :
Publisher : Springer Nature
ISBN 13 : 981138102X
Total Pages : 513 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Innovation, Economic Development, and Intellectual Property in India and China by : Kung-Chung Liu

Download or read book Innovation, Economic Development, and Intellectual Property in India and China written by Kung-Chung Liu and published by Springer Nature. This book was released on 2019-09-06 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyses intellectual property codification and innovation governance in the development of six key industries in India and China. These industries are reflective of the innovation and economic development of the two economies, or of vital importance to them: the IT Industry; the film industry; the pharmaceutical industry; plant varieties and food security; the automobile industry; and peer production and the sharing economy. The analysis extends beyond the domain of IP law, and includes economics and policy analysis. The overarching concern that cuts through all chapters is an inquiry into why certain industries have developed in one country and not in the other, including: the role that state innovation policy and/or IP policy played in such development; the nature of the state innovation policy/IP policy; and whether such policy has been causal, facilitating, crippling, co-relational, or simply irrelevant. The book asks what India and China can learn from each other, and whether there is any possibility of synergy. The book provides a real-life understanding of how IP laws interact with innovation and economic development in the six selected economic sectors in China and India. The reader can also draw lessons from the success or failure of these sectors.