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Stacking Up The Benefits Lessons From Indias Digital Journey
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Book Synopsis Stacking Up the Benefits: Lessons from India’s Digital Journey by : Cristian Alonso
Download or read book Stacking Up the Benefits: Lessons from India’s Digital Journey written by Cristian Alonso and published by International Monetary Fund. This book was released on 2023-03-31 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundational digital public infrastructure (DPI), consisting of unique digital identification, payments system and data exchange layer has the potential to support the transformation of the economy and support inclusive growth. India’s foundational DPI, called India Stack, has been harnessed to foster innovation and competition, expand markets, close gaps in financial inclusion, boost government revenue collection and improve public expenditure efficiency. India’s journey in developing a world-class DPI highlights powerful lessons for other countries embarking on their own digital transformation, in particular a design approach that focuses on shared building blocks and supporting innovation across the ecosystem.
Book Synopsis Advancing India’s Structural Transformation and Catch-up to the Technology Frontier by : Cristian Alonso
Download or read book Advancing India’s Structural Transformation and Catch-up to the Technology Frontier written by Cristian Alonso and published by International Monetary Fund. This book was released on 2024-07-09 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: While India’s growth has been strong in recent decades, its structural transformation remains incomplete. In this paper, we first take stock of India’s growth to date. We find that economic activity has shifted from agriculture to services, but agriculture remains the predominant employer. Catch up to the technological frontier has been uneven, with limited progress in agriculture, but also in construction and trade, which have grown the most in terms of employment. We do find some Indian firms already operating at the technological frontier. These strong performers tend to be large firms. We then consider India’s employment challenge going forward. We find that India needs to create between 143-324 million jobs by 2050 and that doing so and with workers shifting towards more dynamic sectors could boost GDP growth by 0.2-0.5 percentage points. Structural reforms can help India create high-quality jobs and accelerate growth.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 : Total Pages :142 pages Book Rating :4.4/5 (2 download)
Book Synopsis India by : International Monetary Fund. Asia and Pacific Dept
Download or read book India written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-12-18 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is on track to be one of the fastest growing major economies in the world this year, underpinned by prudent macroeconomic policies. Nonetheless, the economy is facing global headwinds, including a global growth slowdown in an increasingly fragmented world.
Download or read book Yojana June 2023 (English) written by and published by Publications Division Ministry of Information & Broadcasting. This book was released on with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: YOJANA is a monthly journal devoted to the socio-economic issues. It started its publication in 1957 with Mr. Khuswant Singh as the Chief Editor. The magazine is now published in 13 languages viz. English, Hindi, Urdu, Punjabi, Marathi, Gujarati, Bengali, Assamese, Telugu, Tamil, Kannada, Malayalam and Odia.
Author :Publications Division Publisher :Publications Division Ministry of Information & Broadcasting ISBN 13 : Total Pages :65 pages Book Rating :4./5 ( download)
Book Synopsis Yojana November 2023 (English) by : Publications Division
Download or read book Yojana November 2023 (English) written by Publications Division and published by Publications Division Ministry of Information & Broadcasting. This book was released on with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: YOJANA is a monthly journal devoted to the socio-economic issues. It started its publication in 1957 with Mr. Khuswant Singh as the Chief Editor. The magazine is now published in 13 languages viz. English, Hindi, Urdu, Punjabi, Marathi, Gujarati, Bengali, Assamese, Telugu, Tamil, Kannada, Malayalam and Odia.
Book Synopsis After Latour: Globalisation, Inequity and Climate Change by : Matthew R. Jones
Download or read book After Latour: Globalisation, Inequity and Climate Change written by Matthew R. Jones and published by Springer Nature. This book was released on with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inclusive GovTech: Enhancing Efficiency and Equity Through Public Service Digitalization by : Manabu Nose
Download or read book Inclusive GovTech: Enhancing Efficiency and Equity Through Public Service Digitalization written by Manabu Nose and published by International Monetary Fund. This book was released on 2023-10-27 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: How could the GovTech improve budget processes and execution efficiency? Could the GovTech strengthen redistributive function of public expenditure? Based on an event-study method, this paper finds that the introduction of digital budget payments and e-procurement could significantly enhance budget transparency and help expand the coverage of social assistance to reach the most vulnerable population. Exploiting staggered adoption of digital budget payments, a synthetic control regression identifies meaningful increase in pre-tax income shares among the bottom 50th percentile and female workers, especially for emerging market and developing countries, with effects materializing gradually over 10-year period. The paper delves into the potential mechanism driving these equity benefits, highlighting the reduction in business informality as a primary channel. However, the paper emphasizes that the mere adoption of GovTech strategies or digital technologies is insufficient to unlock its full potential. The outcomes are intricately linked to supporting policies, regulations, organizational and system integration, and robust digital connectivity. The paper underscores that inter-agency coordination facilitated by a dedicated GovTech institution emerges as a critical factor for reaping both efficiency and equity gains from GovTech initiatives.
Book Synopsis Breaking the Mold by : Raghuram G. Rajan
Download or read book Breaking the Mold written by Raghuram G. Rajan and published by Princeton University Press. This book was released on 2024-05-28 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new path for economic development that India must create The whole world has a stake in India’s future, and that future hinges on whether India can develop its economy and deliver for its population—now the world’s largest—while staying democratic. India’s economy has overtaken the United Kingdom’s to become the fifth-largest in the world, but it is still only one-fifth the size of China’s, and India’s economic growth is too slow to provide jobs for millions of its ambitious youth. Blocking India’s current path are intense global competition in low-skilled manufacturing, increasing protectionism and automation, and the country’s majoritarian streak in politics. In Breaking the Mold, Raghuram Rajan and Rohit Lamba show why and how India needs to blaze a new path if it’s to succeed. India diverged long ago from the standard development model, the one followed by China—from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services—by leapfrogging intermediate steps. India must not turn back now. Rajan and Lamba explain how India can accelerate growth by prioritizing human capital, expanding opportunities in high-skilled services, encouraging entrepreneurship, and strengthening rather than weakening its democratic traditions. It can chart a path based on ideas and creativity even at its early stage of development. Filled with vivid examples and written with incisive candor, Breaking the Mold shows how India can break free of the stumbling blocks of the past and embrace the enormous possibilities of the future.
Book Synopsis South Asia Economic Focus by : World Bank
Download or read book South Asia Economic Focus written by World Bank and published by World Bank Publications. This book was released on 2024-04-02 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia is expected to continue to be the fastest-growing emerging market and developing economy (EMDE) region over the next two years. This is largely thanks to robust growth in India, but growth is also expected to pick up in most other South Asian economies. However, growth in the near-term is more reliant on the public sector than elsewhere, whereas private investment, in particular, continues to be weak. Efforts to rein in elevated debt, borrowing costs, and fiscal deficits may eventually weigh on growth and limit governments' ability to respond to increasingly frequent climate shocks. Yet, the provision of public goods is among the most effective strategies for climate adaptation. This is especially the case for households and farms, which tend to rely on shifting their efforts to non-agricultural jobs. These strategies are less effective forms of climate adaptation, in part because opportunities to move out of agriculture are limited by the region’s below-average employment ratios in the non-agricultural sector and for women. Because employment growth is falling short of working-age population growth, the region fails to fully capitalize on its demographic dividend. Vibrant, competitive firms are key to unlocking the demographic dividend, robust private investment, and workers’ ability to move out of agriculture. A range of policies could spur firm growth, including improved business climates and institutions, the removal of financial sector restrictions, and greater openness to trade and capital flows.
Book Synopsis Transforming Public Finance Through GovTech by : David Amaglobeli
Download or read book Transforming Public Finance Through GovTech written by David Amaglobeli and published by International Monetary Fund. This book was released on 2023-09-07 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital divide across countries and within countries continues to persist and even increased when the quality of internet connection is considered. The note shows that many governments have not been able to harness the full potential of digitalization. Governments could play important role to facilitate digital adoption by intervening both on supply (investing in infrastructure) and demand side (increase internet affordability). The note also documents significant dividends from digital adoption for revenue collection and spending efficiency, and for outcomes in education, health and social safety nets. The note also emphasizes that digitalization is not a substitute for good governance and that comprehensive reform plans embedded in National Digital Strategies (NDS) combined with legal and institutional reforms are needed to ensure that governments can reap full benefits from digitalization and manage the risks appropriately.
Book Synopsis Digital Solutions Guidelines for Public Financial Management by : Lorena Rivero del Paso
Download or read book Digital Solutions Guidelines for Public Financial Management written by Lorena Rivero del Paso and published by International Monetary Fund. This book was released on 2023-10-06 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Digital Solutions Guidelines for Public Financial Management (Guidelines) are intended to serve as a comprehensive reference material for the assessment, design, and improvement of digital initiatives in the public financial management (PFM) area. To support the digital transformation of PFM functions, the Guidelines are structured around three Pillars – Functional, IT Architectural, and Governance and Management. Each pillar comprises six principles, which are further broken down into one to four attributes to promote more efficient and transparent PFM operations while fostering innovation and managing digital risks. These Guidelines also allow a graduated approach to digital transformation of PFM through three levels of maturity for each Attribute – foundational, intermediate, and advanced – to help take into account country-specific contexts and capacities in digital transformation strategies.
Book Synopsis Economic Diversification in Developing Countries by : Ms. Corinne C Delechat
Download or read book Economic Diversification in Developing Countries written by Ms. Corinne C Delechat and published by International Monetary Fund. This book was released on 2024-07-30 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the significance and impact of broad-based and industrial policies on economic diversification in developing economies, supported by a literature review, case studies, and IMF analyses. Economic diversification entails shifting from traditional sectors, like agriculture and mining, to a variety of high-quality services and sectors. This transition is crucial for adapting to global market fluctuations and promoting sustainable growth and improved living standards. A literature review, including many IMF contributions, reveals a strong correlation between economic diversification and improved macroeconomic performance in developing countries, such as faster economic growth and higher incomes per capita. Factors influencing economic diversification include macroeconomic stability, infrastructure quality, workforce skills, credit access, regulatory environment, and income equality. Six case studies highlight the experiences of Costa Rica, Gabon, Georgia, India, Senegal, and Vietnam, demonstrating that successful diversification strategies require a long-term commitment and effective broad-based policies. Industrial policies can support diversification by addressing market failures, but they must be well-designed and effectively implemented. Common lessons include the necessity of maintaining macroeconomic stability, investing in human capital, and fostering competition. Sector-specific mechanisms like Special Economic Zones should be used cautiously, emphasizing underlying bottlenecks and minimizing fiscal costs. Country-specific insights include Costa Rica's strategic policy shift towards export orientation, Gabon's reduced dependence on oil, Georgia's market-friendly policies, India's skilled labor and software clusters, Senegal's infrastructure and business environment improvements, and Vietnam's transition from an agrarian to an industrial economy. The IMF's engagement in diversification emphasizes improving human capital, infrastructure, reducing trade barriers, and promoting international trade integration. Policymakers, researchers, and international organizations increasingly recognize the importance of economic diversification for resilient, sustainable, and inclusive growth, requiring nuanced policy interventions tailored to each country's context and capabilities.
Book Synopsis Will Working from Home Stick in Developing Economies? by : Mrs. Marina Conesa Martinez
Download or read book Will Working from Home Stick in Developing Economies? written by Mrs. Marina Conesa Martinez and published by International Monetary Fund. This book was released on 2023-05-26 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: In developing economies, a shift to working from home during the COVID-19 pandemic varies substantially. An increase in teleworking days per week ranges from 0.7 to 17.6 percentage points across 10 developing countries covered by an online survey to about 500 respondents per country. An estimated income discount associated with telework disappeared temporarily at the onset of the pandemic. A calibrated model indicates that workers’ preferences to telework may largely depend on their educational attainments. Whether telework will sustain in these countries could depend on obstacles to telework, particularly for workers with less education, and a degree of economy-wide externality.
Book Synopsis CURRENT AFFAIRS-2023 by : Narayan Changder
Download or read book CURRENT AFFAIRS-2023 written by Narayan Changder and published by CHANGDER OUTLINE. This book was released on 2023-01-10 with total page 1353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stay up-to-date with precision using this comprehensive MCQ mastery guide on current affairs 2023. Tailored for students, professionals, and enthusiasts, this resource offers a curated selection of practice questions covering key events, developments, and trends from the year 2023. Delve deep into global politics, economics, technology, environment, and culture while enhancing your understanding. Whether you're preparing for exams or seeking to stay informed, this guide equips you with the tools needed to excel. Master current affairs and navigate the complexities of the contemporary world with confidence using this indispensable resource.
Download or read book Part 3 written by Henry E Parkins and published by Independently Published. This book was released on 2024-02-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing "India's Digital Revolution: How Technology is Transforming India's Economy" - a captivating exploration into the heart of one of the most remarkable economic transformations of our time! Join us on a riveting journey through the bustling streets of India's digital landscape, where technology isn't just shaping the economy it's revolutionizing the very fabric of Indian society. In this groundbreaking book, we uncover the dynamic forces driving India's digital revolution and unveil the profound impact of technology on every aspect of India's economy. From the rise of digital entrepreneurs to the emergence of cutting-edge startups, "India's Digital Revolution" showcases the ingenuity, resilience, and boundless potential of India's digital pioneers. Through gripping narratives and compelling insights, we delve deep into the transformative power of technology, illuminating the pathways to innovation, growth, and prosperity in the digital age. Discover how India's digital revolution is reshaping industries, empowering communities, and unlocking new opportunities for economic advancement. Explore the groundbreaking initiatives, visionary policies, and disruptive innovations driving India's digital economy forward, and learn how you can be a part of this historic transformation. Whether you're an entrepreneur seeking inspiration, a policymaker navigating the complexities of the digital landscape, or simply a curious observer eager to unravel the secrets behind India's digital success story, "India's Digital Revolution" is your definitive guide to understanding the power and potential of technology in shaping India's future. Get ready to embark on an exhilarating journey through the heart of India's digital revolution. Order your copy of "India's Digital Revolution: How Technology is Transforming India's Economy" today and be inspired by the unstoppable spirit of innovation that is propelling India towards a brighter, more prosperous future!
Book Synopsis India’s Approach to Open Banking: Some Implications for Financial Inclusion by : Mr.Yan Carriere-Swallow
Download or read book India’s Approach to Open Banking: Some Implications for Financial Inclusion written by Mr.Yan Carriere-Swallow and published by International Monetary Fund. This book was released on 2021-02-26 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine how the development of the digital infrastructure known as the “India Stack”—including an interoperable payments system, a universal digital ID, and other features—is delivering on the government’s objective to expand the provision of financial services. While each individual component of the India Stack is important, we argue that its key overarching feature is a foundational approach of providing extensive public infrastructures and standards that generates important synergies across the layers of the Stack. Until recently, a large share of India’s population lacked access to formal banking services and was largely reliant on cash for financial transactions. The expansion of mobile-based financial services that enable simple and convenient ways to save and conduct financial transactions has provided a novel alternative for expanding the financial net. The Stack’s improved digital infrastructures have already allowed for a rapid increase in the use of digital payments and the entry of a range of competitors including fintech and bigtech firms.
Book Synopsis Designing Distributed Systems by : Brendan Burns
Download or read book Designing Distributed Systems written by Brendan Burns and published by "O'Reilly Media, Inc.". This book was released on 2018-02-20 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Without established design patterns to guide them, developers have had to build distributed systems from scratch, and most of these systems are very unique indeed. Today, the increasing use of containers has paved the way for core distributed system patterns and reusable containerized components. This practical guide presents a collection of repeatable, generic patterns to help make the development of reliable distributed systems far more approachable and efficient. Author Brendan Burns—Director of Engineering at Microsoft Azure—demonstrates how you can adapt existing software design patterns for designing and building reliable distributed applications. Systems engineers and application developers will learn how these long-established patterns provide a common language and framework for dramatically increasing the quality of your system. Understand how patterns and reusable components enable the rapid development of reliable distributed systems Use the side-car, adapter, and ambassador patterns to split your application into a group of containers on a single machine Explore loosely coupled multi-node distributed patterns for replication, scaling, and communication between the components Learn distributed system patterns for large-scale batch data processing covering work-queues, event-based processing, and coordinated workflows
