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 48
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 4
2 There has certainly been some progress in further deregulation of the domestic economy, and further liberalization of trade and external payments. But reform slowed down, and the great areas of neglect remain untouched.
2 There has certainly been some progress in further deregulation of the domestic economy, and further liberalization of trade and external payments. But reform slowed down, and the great areas of neglect remain untouched.
الصفحة 15
But by then the export boom was insufficient to outweigh the combination of rising interest payments on external debt and the rapid growth of imports induced by fiscal deterioration. While exchange rate policy must take part of the ...
But by then the export boom was insufficient to outweigh the combination of rising interest payments on external debt and the rapid growth of imports induced by fiscal deterioration. While exchange rate policy must take part of the ...
الصفحة 16
Its immediate objectives were thus to reduce inflation, improve the balance of payments position, and reduce the fiscal deficit. It was also an objective to minimize the adverse impact of stabilization on real income and output, ...
Its immediate objectives were thus to reduce inflation, improve the balance of payments position, and reduce the fiscal deficit. It was also an objective to minimize the adverse impact of stabilization on real income and output, ...
الصفحة 19
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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