Why Growth Matters

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Author :
Publisher : PublicAffairs
ISBN 13 : 1610392728
Total Pages : 255 pages
Book Rating : 4.6/5 (13 download)

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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.

India

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Author :
Publisher : World Bank Group
ISBN 13 : 9786610015375
Total Pages : 260 pages
Book Rating : 4.0/5 (153 download)

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Book Synopsis India by : World Bank The

Download or read book India written by World Bank The and published by World Bank Group. This book was released on 2000 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reducing poverty, and providing for minimum needs, is the ultimate yardstick against which to measure development. To this end, the study outlines India's growth rate, improved social indicators, and poverty reduction since the 1970s, but specifies that, despite this progress, poverty is a serious concern, where social indicators remain below comparator countries. Human development is examined, focusing on social indicators, stating the delivery of health and education is fraught with limited accountability for performance and with low management capacity. Governance is critical to development, but the country's inadequate and adverse factors hinder the development of public administration, instead, performance incentives, and accountability within a downsized civil service, effective financial management, and decentralization should be pursued. Infrastructure should attract private investments, but the perverse impact of subsidies preclude the provision of private services. However, regulatory agencies are imperfect alternatives to competition, but corporatization would be an essential step in attracting the private sector. The study further reviews deregulation to increase trade growth and improve labor market flexibility. Conclusions call for reforms, arguing it would lead to higher growth, favorable balance of payments, and further capital inflows, including foreign direct investments.

India: Reducing Poverty, Accelerating Development

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Author :
Publisher : World Bank Group
ISBN 13 : 9781280015373
Total Pages : 260 pages
Book Rating : 4.0/5 (153 download)

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Book Synopsis India: Reducing Poverty, Accelerating Development by : The World Bank

Download or read book India: Reducing Poverty, Accelerating Development written by The World Bank and published by World Bank Group. This book was released on 2000 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reducing poverty, and providing for minimum needs, is the ultimate yardstick against which to measure development. To this end, the study outlines India's growth rate, improved social indicators, and poverty reduction since the 1970s, but specifies that, despite this progress, poverty is a serious concern, where social indicators remain below comparator countries. Human development is examined, focusing on social indicators, stating the delivery of health and education is fraught with limited accountability for performance and with low management capacity. Governance is critical to development, but the country's inadequate and adverse factors hinder the development of public administration, instead, performance incentives, and accountability within a downsized civil service, effective financial management, and decentralization should be pursued. Infrastructure should attract private investments, but the perverse impact of subsidies preclude the provision of private services. However, regulatory agencies are imperfect alternatives to competition, but corporatization would be an essential step in attracting the private sector. The study further reviews deregulation to increase trade growth and improve labor market flexibility. Conclusions call for reforms, arguing it would lead to higher growth, favorable balance of payments, and further capital inflows, including foreign direct investments.

Rural Development

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Author :
Publisher : BoD – Books on Demand
ISBN 13 : 1839686170
Total Pages : 124 pages
Book Rating : 4.8/5 (396 download)

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Book Synopsis Rural Development by : Paola de Salvo

Download or read book Rural Development written by Paola de Salvo and published by BoD – Books on Demand. This book was released on 2022-02-02 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book brings together a series of contributions with a common goal of reflecting the links between economic development and rural development. The scenario is dotted not only with old and new wounds but also with innovative strategies in an attempt to overcome existing delays. The chapters of the book are composed of scenarios full of case studies. The plans to be adopted to help the countries that have lagged behind fueled an intense debate since the obstacles to development, as evidenced by the extensive scientific literature available, now appeared to be the realities present in the socio-economic structures of a large number of villages. Although the data available are still few, it is assumed that the Covid-19 pandemic will make a landscape already full of criticalities even more fragile.

Reforms and Economic Transformation in India

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Publisher : Oxford University Press
ISBN 13 : 0199996229
Total Pages : 445 pages
Book Rating : 4.1/5 (999 download)

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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.

Poverty Reduction for Inclusive Sustainable Growth in Developing Asia

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Author :
Publisher : Springer Nature
ISBN 13 : 9811611076
Total Pages : 254 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Poverty Reduction for Inclusive Sustainable Growth in Developing Asia by : Farhad Taghizadeh-Hesary

Download or read book Poverty Reduction for Inclusive Sustainable Growth in Developing Asia written by Farhad Taghizadeh-Hesary and published by Springer Nature. This book was released on 2021-05-15 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides practical policy recommendations that are useful for developing Asia and for accelerating poverty reduction plans in the rest of the world. Poverty reduction in all its forms remains one of the greatest challenges facing humanity. In developing Asia, rapid growth in countries and sub-regions such as China, India, and Southeast Asia has lifted millions out of poverty, but progress has been uneven. On the other hand, the current coronavirus (COVID-19) pandemic and the global economic recession that it has caused are pushing millions of people back into poverty. Poverty reduction, inclusive growth, and sustainable development are inseparable, and poverty reduction is the premise for sustainable development. The Sustainable Development Goals (SDGs) are a bold commitment to finish what we started and end poverty in all forms and dimensions by 2030. However, because of the current global recession, the world is not on track to end poverty by 2030. Given the aforementioned situation, if we plan to achieve the no-poverty target in line with the SDGs, governments need to reconsider their policies and economies need to allocate their resources for this aim. Owing to the importance of the topic, this book provides several thematic and empirical studies on the roles of small and medium-sized enterprises, local businesses and trusts, international remittances and microfinance, energy security and energy efficiency in poverty reduction, and inclusive growth.

India, Policies to Reduce Poverty and Accelerate Sustainable Development

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Author :
Publisher :
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis India, Policies to Reduce Poverty and Accelerate Sustainable Development by :

Download or read book India, Policies to Reduce Poverty and Accelerate Sustainable Development written by and published by . This book was released on 2000 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Poverty

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Author :
Publisher : Oxford University Press
ISBN 13 : 0190212772
Total Pages : 737 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Economics of Poverty by : Martin Ravallion

Download or read book The Economics of Poverty written by Martin Ravallion and published by Oxford University Press. This book was released on 2016 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An overview of the economic development of and policies intended to combat poverty around the world"--Provided by publisher.

India

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Author :
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.

Accelerating Growth and Poverty Reduction

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Author :
Publisher : Academic Foundation
ISBN 13 : 9788171883455
Total Pages : 340 pages
Book Rating : 4.8/5 (834 download)

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Book Synopsis Accelerating Growth and Poverty Reduction by : Arvind Virmani

Download or read book Accelerating Growth and Poverty Reduction written by Arvind Virmani and published by Academic Foundation. This book was released on 2004 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Book Is Based On Policy Papers Written During The Nineties At The Ministry Of Finance. The Fundamental Objective Of Economic Policy Is To Generate Equitable Economic Growth And Thus Bring About The Increased Well Being Of All Citizens. The Goal Of These Policy Papers Was To Remove Policy Distortions That Were Hindering Growth And Productivity And To Introduce Economic And Institutional Reforms That Would Accelerate Growth. The Policy Recommendations Were Shaped By Theory And Empirical Evidence On The One Hand, And By Institutional/Organisational And Socio-Political Constraints On The Other.

Poverty Reduction Policies and Practices in Developing Asia

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Author :
Publisher : Springer
ISBN 13 : 9812874208
Total Pages : 309 pages
Book Rating : 4.8/5 (128 download)

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Book Synopsis Poverty Reduction Policies and Practices in Developing Asia by : Almas Heshmati

Download or read book Poverty Reduction Policies and Practices in Developing Asia written by Almas Heshmati and published by Springer. This book was released on 2015-03-31 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the major policy challenges facing developing Asia and how the region sustains rapid economic growth to reduce multidimensional poverty through socially inclusive and environmentally sustainable measures. Asia is facing many challenges arising from population growth, rapid urbanization, provision of services, climate change and the need to redress declining growth after the global financial crisis. This book examines poverty and related issues and aims to advance the development of new tools and measurement of multidimensional poverty and poverty reduction policy analysis. The book covers a wide range of issues, including determinants and causes of poverty and its changes; consequences and impacts of poverty on human capital formation, growth and consumption; assessment of poverty strategies and policies; the role of government, NGOs and other institutions in poverty reduction; rural-urban migration and poverty; vulnerability to poverty; breakdown of poverty into chronic and transitory components; and a comparative study on poverty issues in Asia and other regions. The book will appeal to all those interested in economic development, resources, policies and economic welfare and growth.

The Role of Trade in Ending Poverty

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Publisher :
ISBN 13 : 9789287042323
Total Pages : 0 pages
Book Rating : 4.0/5 (423 download)

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Book Synopsis The Role of Trade in Ending Poverty by :

Download or read book The Role of Trade in Ending Poverty written by and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Role of Trade in Ending Poverty looks at the complex relationships between economic growth, poverty reduction and trade, and examines the challenges that poor people face in benefiting from trade opportunities. Written jointly by the World Bank Group and the WTO, the publication examines how trade could make a greater contribution to ending poverty by increasing efforts to lower trade costs, improve the enabling environment, implement trade policy in conjunction with other areas of policy, better manage risks faced by the poor, and improve data used for policy-making.

India Rising

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4./5 ( download)

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Book Synopsis India Rising by : Gaobo Pang

Download or read book India Rising written by Gaobo Pang and published by World Bank Publications. This book was released on 2007 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past 25 years, India's economy grew at an average real rate of close to 6 percent, with growth rates in recent years accelerating to 9 percent. Yet by 2005-06, the general government debt-to-GDP ratio was 34 percentage points higher than in the 1980s. The authors examine the links between public finances and growth in the post-1991 period. They argue that the main factor in the deterioration of government debt dynamics after the mid-1990s was a reform-induced loss in trade, customs, and financial repression taxes. Over time, these very factors plus lower entry barriers have contributed to stronger microfoundations for growth by increasing competition and hardening budget constraints for firms and financial sector institutions. The authors suggest that the impressive growth acceleration of the past few years, which is now lowering government indebtedness, can be attributed to the lagged effects of these factors, which have taken time to attain a critical mass in view of India's gradual reforms. Similarly, the worsening of public finances during the late 1990s can be attributed to the cumulative effects of tax losses, the negative growth effects of cuts in capital expenditure that were made to offset the tax losses, and a pullback in private investment (hence, growth and taxes), a situation which is now turning around. Insufficient capital expenditures have contributed to the infrastructure gap, which is seen as a constraint especially for rapid growth in manufacturing. The authors discuss ongoing reforms in revenue mobilization and fiscal adjustment at the state level, which if successfully implemented, will result in a better alignment of public finances with growth by generating further fiscal space for infrastructure and other development spending.

Greening India's Growth

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Author :
Publisher : Routledge
ISBN 13 : 1317962834
Total Pages : 209 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Greening India's Growth by : Muthukumara Mani

Download or read book Greening India's Growth written by Muthukumara Mani and published by Routledge. This book was released on 2013-10-15 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: India’s sustained and rapid economic growth offers an opportunity to lift millions out of poverty. But this may come at a steep cost to its environment and natural resources. This insightful book analyses India’s growth from an economic perspective and assesses whether India can grow in a "green" and sustainable manner. Three key issues are addressed. The first is the physical and monetary costs and losses of environmental health and natural resources driven by economic growth. The authors undertake a monetary valuation and quantification of environmental damage, using techniques that have been developed to better understand and quantify preferences and values of individuals and communities in the context of environmental quality, conservation of natural resources, and environmental health risks. The second part estimates the value of ecosystem services from the major biomes in India using state-of-the art methods with a view to preserving them for the future. The third section provides a menu of policy instruments to explore trade-offs between economic growth and environmental sustainability using a Computable General Equilibrium approach with particular attention to air pollution. The conclusions focus on the way forward in terms of policies, measures and instruments as India has to balance the twin challenges of maintaining economic prosperity while managing its environmental resources.

India, the Challenges of Development

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821349687
Total Pages : 90 pages
Book Rating : 4.3/5 (496 download)

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Book Synopsis India, the Challenges of Development by : Gianni Zanini

Download or read book India, the Challenges of Development written by Gianni Zanini and published by World Bank Publications. This book was released on 2001-01-01 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Country Assistance Evaluation (CAE) reviews the development effectiveness of World Bank assistance to India during the 1990s. It builds on evaluations of sector assistance programs, projects, and nonlending services to make these assessments. This report uses the standard evaluation categories of outcome, sustainability, and institutional development.

Reintegrating India with the World Economy

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Author :
Publisher : Peterson Institute
ISBN 13 : 9780881325942
Total Pages : 196 pages
Book Rating : 4.3/5 (259 download)

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Book Synopsis Reintegrating India with the World Economy by : Suresh D. Tendulkar

Download or read book Reintegrating India with the World Economy written by Suresh D. Tendulkar and published by Peterson Institute. This book was released on 2003 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

India : why fiscal adjustment now

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Book Synopsis India : why fiscal adjustment now by : Brian Pinto

Download or read book India : why fiscal adjustment now written by Brian Pinto and published by World Bank Publications. This book was released on 2004 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: