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. |
من داخل الكتاب
النتائج 1-5 من 93
الصفحة v
Stabilization Policy 2.1 Introduction 2.2 The Crisis of 1991 2.3 An Overview of Macroeconomic Policies and Performance Since 1991 2.4 Fiscal Adjustment 2.5 Inflation 2.6 Balance of Payments Management 2.7 Conclusion 3.
Stabilization Policy 2.1 Introduction 2.2 The Crisis of 1991 2.3 An Overview of Macroeconomic Policies and Performance Since 1991 2.4 Fiscal Adjustment 2.5 Inflation 2.6 Balance of Payments Management 2.7 Conclusion 3.
الصفحة vii
The main exception is that figures given in the 1996/97 budget papers have been used in the sections concerned with stabilization and the fiscal deficits. The book went to press before the results of the national elections of 1996 were ...
The main exception is that figures given in the 1996/97 budget papers have been used in the sections concerned with stabilization and the fiscal deficits. The book went to press before the results of the national elections of 1996 were ...
الصفحة 1
Immediate drastic action, including a large devaluation and deflationary fiscal measures, was essential to prevent default by securing the co-operation of official donors and lenders. Many countries have been forced to take similar ...
Immediate drastic action, including a large devaluation and deflationary fiscal measures, was essential to prevent default by securing the co-operation of official donors and lenders. Many countries have been forced to take similar ...
الصفحة 3
But inflation is too high, and the fiscal deficit is still too large to be sustainable in the long run. On the structural adjustment front, the derestriction of domestic production and investment has gone a long way.
But inflation is too high, and the fiscal deficit is still too large to be sustainable in the long run. On the structural adjustment front, the derestriction of domestic production and investment has gone a long way.
الصفحة 7
How far the state should go depends, of course, on fiscal exigencies. There are always other deserving uses of public money. It must also be noted that these basic services are not public goods. The private sector can and does produce ...
How far the state should go depends, of course, on fiscal exigencies. There are always other deserving uses of public money. It must also be noted that these basic services are not public goods. The private sector can and does produce ...
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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