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Reforms And Economic Development Of India
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Book Synopsis Reforms and Economic Transformation in India by : Jagdish Bhagwati
Download or read book Reforms and Economic Transformation in India written by Jagdish Bhagwati and published by Oxford University Press. This book was released on 2012-10-05 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. The first volume, India's Reforms: How They Produced Inclusive Growth (OUP, 2012), systematically demonstrated that reforms-led growth in India led to reduced poverty among all social groups. They also led to shifts in attitudes whereby citizens overwhelmingly acknowledge the benefits that accelerated growth has brought them and as voters, they now reward the governments that deliver superior economic outcomes and punish those that fail to do so. This latest volume takes as its starting point the fact that while reforms have undoubtedly delivered in terms of poverty reduction and associated social objectives, the impact has not been as substantial as seen in other reform-oriented economies such as South Korea and Taiwan in the 1960s and 1970s, and more recently, in China. The overarching hypothesis of the volume is that the smaller reduction in poverty has been the result of slower transformation of the economy from a primarily agrarian to a modern, industrial one. Even as the GDP share of agriculture has seen rapid decline, its employment share has declined very gradually. More than half of the workforce in India still remains in agriculture. In addition, non-farm workers are overwhelmingly in the informal sector. Against this background, the nine original essays by eminent economists pursue three broad themes using firm level data in both industry and services. The papers in part I ask why the transformation in India has been slow in terms of the movement of workers out of agriculture, into industry and services, and from informal to formal employment. They address what India needs to do to speed up this transformation. They specifically show that severe labor-market distortions and policy bias against large firms has been a key factor behind the slow transformation. The papers in part II analyze the transformation that reforms have brought about within and across enterprises. For example, they investigate the impact of privatization on enterprise profitability. Part III addresses the manner in which the reforms have helped promote social transformation. Here the papers analyze the impact the reforms have had on the fortunes of the socially disadvantaged groups in terms of wage and education outcomes and as entrepreneurs.
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 396 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 India's Reforms by : Jagdish Bhagwati
Download or read book India's Reforms written by Jagdish Bhagwati and published by OUP USA. This book was released on 2012-04-26 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Openness has affected neither poverty nor inequality adversely. When surveyed, people in disproportionately large volumes from all groups say that their fortunes are improving. The essays in this volume show that trade oppenness has helped reduce poverty among most social groups.
Download or read book India Transformed written by Rakesh Mohan and published by Brookings Institution Press. This book was released on 2018-09-25 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.
Book Synopsis Development Challenges of India After Twenty Five Years of Economic Reforms by : Nripendra Kishore Mishra
Download or read book Development Challenges of India After Twenty Five Years of Economic Reforms written by Nripendra Kishore Mishra and published by Springer Nature. This book was released on 2020-10-14 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revisits some of the persisting challenges of development of India, which remain unresolved even after twenty-five years of economic reforms and almost fifteen years of high growth rate. These include defining purpose of development, inequality, labour, work, unemployment, agrarian distress and migration. The book questions the overemphasis on growth to the extent of neglecting basic issues of development. With a number of contributions re-imagining development and its political economy, the book discusses above mentioned issues in light of new data and more recent conceptions of the issues. The contributors of this volume are eminent researchers in their respective field. Presenting primary as well as secondary data, the book considers the latest advances and research and also addresses new challenges like the global reorganization of production and the consequences for labour and the world of work, along with skills question. World of work has received detailed investigation in this book. This is a timely addition in existing literature especially in context of pandemic and lockdown. Informality and un/employment question is addressed in this context. Relationship among poverty, inequality and growth is examined in light of newer understanding. Agrarian distress is looked in a broader context. A number of papers are examining migration question by expanding coverage of migration and including labour mobility as apart of migration debate. The present crisis of migrant labour and absence of social security for these workers is also discussed. This book is primarily intended for those interested in recent advances on some of the basic aspects of development, like poverty, inequality, informality, word of work, migration and labour mobility. It is also useful for researchers, policy makers, journalists and civil society organizations working on these issues.
Book Synopsis Indian Economy: Reforms and Development by : Pradip Kumar Biswas
Download or read book Indian Economy: Reforms and Development written by Pradip Kumar Biswas and published by Springer. This book was released on 2019-08-09 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.
Book Synopsis India in the Era of Economic Reforms by : Jeffrey Sachs
Download or read book India in the Era of Economic Reforms written by Jeffrey Sachs and published by Oxford University Press, USA. This book was released on 2000 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles presented at a conference held in 1996.
Book Synopsis India's Economic Reforms, 1991-2001 by : Vijay Joshi
Download or read book India's Economic Reforms, 1991-2001 written by Vijay Joshi and published by Clarendon Press. This book was released on 1996-09-26 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is the world's largest democracy, and second-largest developing country. For forty years it has also been one of the most dirigiste and autarkic. The 1980s saw most developing and erstwhile communist countries opt for market economic systems. India belatedly initiated similar reforms in 1991. This book evaluates the progress of those reforms, covering all of the major areas of policy; stabilization, taxation and trade, domestic and external finance, agriculture, industry, the social sectors, and poverty alleviation. Will India realize its great potential by freeing itself from the self-imposed constraints that have hindered its development? This is the important and fascinating question considered by this book.
Download or read book Economic Reform in India written by and published by Cambridge University Press. This book was released on 2013-01-21 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, leading economists assess India's economic performance, policies and institutions.
Book Synopsis Growth, Sustainability, and India's Economic Reforms by : T.N. Srinivasan
Download or read book Growth, Sustainability, and India's Economic Reforms written by T.N. Srinivasan and published by Oxford University Press. This book was released on 2011-07-27 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes insightful lectures by eminent economist T.N. Srinivasan on the origins, rationale, and outcomes of India's economic reforms. The book will be invaluable for students and teachers of macroeconomics, Indian economy, development economics, and finance.
Book Synopsis Democratic Politics and Economic Reform in India by : Rob Jenkins
Download or read book Democratic Politics and Economic Reform in India written by Rob Jenkins and published by Cambridge University Press. This book was released on 1999 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes issue with existing theories of the relationship between democracy and economic liberalisation.
Book Synopsis Eight Lectures on India's Economic Reforms by : T.N. Srinivasan
Download or read book Eight Lectures on India's Economic Reforms written by T.N. Srinivasan and published by Oxford University Press. This book was released on 2000-02-04 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book comprises eight lectures delivered by T.N. Srinivasan at ISEC Bangalore in 1998. The short lectures succinctly describe the reform process since the early 1990s, covering the famework and process of reform in each sector of the economy.
Book Synopsis The Political Economy of Development in India by : Pranab K. Bardhan
Download or read book The Political Economy of Development in India written by Pranab K. Bardhan and published by Wiley-Blackwell. This book was released on 1984 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of the economic policy and obstacles to economic growth in India - examines the role of public investment and public sector management in slow agricultural development and industrial growth; explores the political aspects and economic role of the Elite social classes (industrial capitalists, rich farmers and civil servants), the social conflicts between them, and the economic implications of this conflict for capital resources mobilization. Bibliography, statistical tables.
Book Synopsis The Impact of Trade and Domestic Policy Reforms in India by : Rajesh Chadha
Download or read book The Impact of Trade and Domestic Policy Reforms in India written by Rajesh Chadha and published by University of Michigan Press. This book was released on 1998-12-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: A specially designed computable general equilibrium model is used to analyze the effects of recent policy reforms in the Indian economy
Book Synopsis Economic Reforms and Rural Development in India by : Gogula Parthasarathy
Download or read book Economic Reforms and Rural Development in India written by Gogula Parthasarathy and published by Academic Foundation. This book was released on 2003 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1991, the Indian economy has been exposed to economic liberalization and globalization in line with structural adjustment and stabilisation policies initiated by IMF and World Bank. This analysis outlines the controversial shift in Indian economic policy from State-oriented development strategy to market-oriented development that leaves decisions of production and distribution to be made by the market.
Book Synopsis India's Emerging Economy by : Kaushik Basu
Download or read book India's Emerging Economy written by Kaushik Basu and published by MIT Press. This book was released on 2004 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays by leading academics, policymakers, and industrialists examine India's economic success in the late 1990s. India's economy over the last decade looks in many ways like a success story; after a major economic crisis in 1991, followed by bold reform measures, the economy has experienced a rapid economic growth rate, more foreign investment, and a boom in the information technology sector. Yet many in the country still suffer from crushing poverty, and social and political unrest remains a problem. These essays by leading academics, policymakers, and industrialists -- including one by Amartya Sen, the 1998 winner of the Nobel Prize in economics for his work on poverty and inequality -- examine the facts of India's recent economic successes and their social and cultural context. India's rate of economic growth after the 1991 reforms were instituted reached a remarkable 7 percent for three consecutive years, from 1994 to 1997. Several contributors to India's Emerging Economy ask what this means for the nation as a whole. In his essay "Democracy and Secularism in India," Amartya Sen argues that economic progress is not the only way to measure a nation's performance. Other essays examine the actual effect India's economic growth has had on reducing poverty and recommend policies to empower the poor. Essays also address such issues as globalization and the vulnerabilities and opportunities it creates, India's experience with monetary and fiscal reform, the rapid growth of the information technology sector (including a case study of India's software industry), and India's grassroots economy.
Book Synopsis Why Growth Matters by : Jagdish Bhagwati
Download or read book Why Growth Matters written by Jagdish Bhagwati and published by PublicAffairs. This book was released on 2013-04-09 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.
