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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النتائج 1-5 من 92
الصفحة 2
Although he seems to have quickly lost interest, this helped to put such reform on the political agenda. One way or another the ground was sufficiently prepared to use the crisis as an occasion for embarking on a programme of reform ...
Although he seems to have quickly lost interest, this helped to put such reform on the political agenda. One way or another the ground was sufficiently prepared to use the crisis as an occasion for embarking on a programme of reform ...
الصفحة 6
both the Prime Minister and the Congress Party that he and it dare not challenge any of the main interest groups, even those such as the public sector trade unionists, who have little voting power, but who can cause serious short-term ...
both the Prime Minister and the Congress Party that he and it dare not challenge any of the main interest groups, even those such as the public sector trade unionists, who have little voting power, but who can cause serious short-term ...
الصفحة 8
Recent experience in the UK and elsewhere seems to suggest that it is institutionally easier to regulate a private monopoly than it is to manage a public monopoly, to serve the public interest tolerably well.
Recent experience in the UK and elsewhere seems to suggest that it is institutionally easier to regulate a private monopoly than it is to manage a public monopoly, to serve the public interest tolerably well.
الصفحة 10
Chapter 4 is concerned with financial institutions. In July 1991 the Indian financial system was collapsing. Exploitation of the banks by government, and directed credit at subsidized interest 10 INDIA'S ECONOMIC REFORMS 1991l2001.
Chapter 4 is concerned with financial institutions. In July 1991 the Indian financial system was collapsing. Exploitation of the banks by government, and directed credit at subsidized interest 10 INDIA'S ECONOMIC REFORMS 1991l2001.
الصفحة 11
the banks by government, and directed credit at subsidized interest rates, had left many banks effectively bankrupt and incapable of properly fulfilling the main functions of a banking system. They were rescued by a massive infusion of ...
the banks by government, and directed credit at subsidized interest rates, had left many banks effectively bankrupt and incapable of properly fulfilling the main functions of a banking system. They were rescued by a massive infusion of ...
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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 |
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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