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 5
... continually about the foregoing misunderstandings, and every important Minister of the cabinet and every available occasion must be exploited to do this and thus to put the rationale and importance of the reforms before the public.
... continually about the foregoing misunderstandings, and every important Minister of the cabinet and every available occasion must be exploited to do this and thus to put the rationale and importance of the reforms before the public.
الصفحة 7
We believe that the state has an important role in ensuring some provision of these basic services for the poorest people. This belief is explicit in our discussion of the social services and poverty alleviation in Chapter 6.
We believe that the state has an important role in ensuring some provision of these basic services for the poorest people. This belief is explicit in our discussion of the social services and poverty alleviation in Chapter 6.
الصفحة 8
But selective protection and selective promotion of particular industries has been strongly canvassed as an important element in the amazing late industrial revolutions that have occurred in the four East Asian tigers—Hong Kong, Taiwan, ...
But selective protection and selective promotion of particular industries has been strongly canvassed as an important element in the amazing late industrial revolutions that have occurred in the four East Asian tigers—Hong Kong, Taiwan, ...
الصفحة 22
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الصفحة 23
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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