The Indian Economy
Author | : Matthew McCartney |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : India |
ISBN | : 9781788211826 |
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Author | : Matthew McCartney |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : India |
ISBN | : 9781788211826 |
Author | : T. N. Srinivasan |
Publisher | : Columbia University Press |
Total Pages | : 182 |
Release | : 2003-05-01 |
Genre | : Business & Economics |
ISBN | : 0881324442 |
After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.
Author | : Tirthankar Roy |
Publisher | : MIT Press |
Total Pages | : 231 |
Release | : 2022-04-12 |
Genre | : Nature |
ISBN | : 0262369273 |
How interventions to mitigate climate-caused poverty and inequality in India came at a cost to environmental sustainability. In the monsoon regions of South Asia, the rainy season sustains life but brings with it the threat of floods, followed by a long stretch of the year when little gainful work is possible and the threat of famine looms. Beginning in the late nineteenth century, a series of interventions by Indian governments and other actors mitigated these conditions, enabling agricultural growth, encouraging urbanization, and bringing about a permanent decrease in death rates. But these actions—largely efforts to ensure wider access to water—came at a cost to environmental sustainability. In Monsoon Economies, Tirthankar Roy explores the interaction between the environment and the economy in the emergence of modern India. Roy argues that the tropical monsoon climate makes economic and population growth contingent on water security. But in a water-scarce world, the means used to increase water security not only created environmental stresses but also made political conflict more likely. Roy investigates famine relief, the framing of a seasonal “water famine,” and the concept of public trust in water; the political movements that challenged socially sanctioned forms of deprivation; water as a public good; water quality in cities; the shift from impounding river water in dams and reservoirs to exploring groundwater; the seasonality of a monsoon economy; and economic lessons from India for a world facing environmental degradation.
Author | : Arvind Panagariya |
Publisher | : Oxford University Press |
Total Pages | : 546 |
Release | : 2008-03-03 |
Genre | : Business & Economics |
ISBN | : 0195315030 |
The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
Author | : Kaushik Basu |
Publisher | : MIT Press |
Total Pages | : 342 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 9780262025560 |
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.
Author | : Tirthankar Roy |
Publisher | : University of Chicago Press |
Total Pages | : 253 |
Release | : 2016-09-20 |
Genre | : Business & Economics |
ISBN | : 022638764X |
By accessibly recounting and analyzing the unique experience of institutions in colonial Indiawhich were influenced heavily by both British Common Law and indigenous Indian practices and traditionsLaw and the Economy in Colonial India sheds new light on what exactly fosters the types of institutions that have been key to economic development throughout world history more generally. The culmination and years of research, the book goes through a range of examples, including textiles, opium, tea, indigo, tenancy, credit, and land mortgage, to show how economic laws in colonial India were shaped neither by imported European ideas about how colonies should be ruled nor indigenous institutions, but by the practice of producing and trading. The book is an essential addition to Indian history and to some of the most fundamental questions in economic history."
Author | : Shankar N. Acharya |
Publisher | : Academic Foundation |
Total Pages | : 192 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9788171883202 |
On suggestions to policy makers on economic issues of India post 1997/98 based on experiences in past 50 years.
Author | : Sunil Mani |
Publisher | : Springer Nature |
Total Pages | : 439 |
Release | : 2021-07-09 |
Genre | : Business & Economics |
ISBN | : 9811608695 |
This book is a collection of fifteen contributions that undertake a detailed analysis of seven broad dimensions of India’s economy and society. All the contributions approach the problems in their respective areas empirically, while being theoretically informed. The book begins with a section containing detailed and empirically supported chapters on the recent crisis in India’s agricultural sector and the reforms in the agricultural markets. Another section is dedicated to the issue of infrastructure financing, and new ways of financing large infrastructural projects are critically examined. Other sections are related to innovations and technology impacts on industry; international trade; health and education; labor and employment; and the very important issue of gender. The selected discussion topics are both of contemporary importance and expected to remain so for some time. Most of the chapters introduce readers to data in addition to methods of analyzing this data, to arrive at policy-oriented conclusions. The rich collection carries learnings for researchers working on a wide range of topics related to development studies, as well as for policymakers and corporate watchers.
Author | : Alyssa Ayres |
Publisher | : Oxford University Press |
Total Pages | : 361 |
Release | : 2018 |
Genre | : Business & Economics |
ISBN | : 0190494522 |
Long plagued by poverty, India's recent economic growth has vaulted it into the ranks of the world's emerging powers, but what kind of power it wants to be remains a mystery. Our Time Has Come explains why India behaves the way it does, and the role it is likely to play globally as its prominence grows.
Author | : Manmohan Agarwal |
Publisher | : Berghahn Books |
Total Pages | : 298 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 9788187358176 |
The Indian economy continues to grow rapidly, taking in its stride poor harvests and rising oil prices. Industrial output has increased to double-digit levels, accompanied by rising levels of savings and investment. an important factor in this process has been India's relative political stability. What are the constraints to maintaining a high rate of growth over the next decade or two? These questions acquire special significance as we try to understand long-term growth in the current context of global economic slowdown. The papers in this volume seek to answer these questions.