India's Economic Reforms, 1991-2001India 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. |
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الصفحة v
... 3.9 Other Current Expenditures (Centre and States) 3.10 The Reform of Agricultural Incentives 3.11 Centre and State Indirect Taxation, and VAT Possibilities 3.12 Conclusions Appendix 63 63 66 70 78 79 80 82 84 87 88 92 101 107 4.
... 3.9 Other Current Expenditures (Centre and States) 3.10 The Reform of Agricultural Incentives 3.11 Centre and State Indirect Taxation, and VAT Possibilities 3.12 Conclusions Appendix 63 63 66 70 78 79 80 82 84 87 88 92 101 107 4.
الصفحة xii
... Restrictive Trade Practices NABARD National Bank for Agriculture and Rural Development NAS National Accounts Statistics NFPS non-financial public sector NIPFP National Institute for Public Finance and Policy NPA non-performing asset ...
... Restrictive Trade Practices NABARD National Bank for Agriculture and Rural Development NAS National Accounts Statistics NFPS non-financial public sector NIPFP National Institute for Public Finance and Policy NPA non-performing asset ...
الصفحة 4
The same is true of agriculture, where trade is still largely controlled. The pace of Indian reform has certainly been slow. There are good economic arguments for gradualism, and less clear arguments for a careful sequencing of reforms.
The same is true of agriculture, where trade is still largely controlled. The pace of Indian reform has certainly been slow. There are good economic arguments for gradualism, and less clear arguments for a careful sequencing of reforms.
الصفحة 7
Research and development, and training, are standard examples of where there may be a role for public provision, especially perhaps in some research areas, e.g. agriculture. All of the above is common ground. How far the state should be ...
Research and development, and training, are standard examples of where there may be a role for public provision, especially perhaps in some research areas, e.g. agriculture. All of the above is common ground. How far the state should be ...
الصفحة 16
Both agricultural and manufacturing output fell, the former because of erratic weather (though it certainly does not rank as a drought year by Indian standards) and the latter because of the agricultural setback, the draconian import ...
Both agricultural and manufacturing output fell, the former because of erratic weather (though it certainly does not rank as a drought year by Indian standards) and the latter because of the agricultural setback, the draconian import ...
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المحتوى
1 | |
13 | |
3Fiscal Policy and Trade Policy | 63 |
4Financial Sector Reform | 109 |
5Industrial Policy and Factor Markets | 171 |
6The Social Sectors Poverty and Reform | 219 |
7Summary and Afterthoughts | 247 |
Bibliography | 267 |
Index | 277 |
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
achieved agricultural allowed assets banks borrowing budget capital cent of GDP central Centre Chapter companies competition consider corporate cost countries crores current account deficit debt deposit direct discussed domestic economic effective efficiency employment enterprises estimates excise expenditure exports favour firms fiscal fiscal deficit foreign funds further given growth higher important improvement income increase India industry inflation inflows institutions interest interest rates investment issue labour lending less liberalization limit loans losses major measures Note operation output payments political poor poverty present primary problem production profitability programme promoters protection public sector raised reasons reduced reform regulation relative remain reserves restrictions result rise rural savings schemes securities share social structure subsidies suggested tariff taxation trade wages