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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1 The losses of public enterprises of both the Centre and the States are a major component of the implicit subsidies. These urgently need to be tackled in various ways, by fuller cost recovery, by raising efficiency, or by closure: ...
1 The losses of public enterprises of both the Centre and the States are a major component of the implicit subsidies. These urgently need to be tackled in various ways, by fuller cost recovery, by raising efficiency, or by closure: ...
الصفحة 5
Nevertheless, Mr Narasimha Rao has managed to keep some reform moving ahead, albeit almost imperceptibly since the severe Congress Party losses in the State elections of December 1994. It is, however, argued by some that it is a fatal ...
Nevertheless, Mr Narasimha Rao has managed to keep some reform moving ahead, albeit almost imperceptibly since the severe Congress Party losses in the State elections of December 1994. It is, however, argued by some that it is a fatal ...
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Much of the huge public sector makes losses. Public management is beset by constraints whose loosening is forever promised but never achieved. Privatization is a neglected option. Policies towards foreign investment and small-scale ...
Much of the huge public sector makes losses. Public management is beset by constraints whose loosening is forever promised but never achieved. Privatization is a neglected option. Policies towards foreign investment and small-scale ...
الصفحة 13
For instance a shift from import controls to tariffs will raise revenue, and reform of public enterprises can reduce losses and so curtail government expenditure. India began the process of structural reform before even short-term ...
For instance a shift from import controls to tariffs will raise revenue, and reform of public enterprises can reduce losses and so curtail government expenditure. India began the process of structural reform before even short-term ...
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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