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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Yet political opponents could, apparently with some plausibility, 2 Cassen and Joshi (1995) . claim that they would hurt the poor. Without explaining where 4 INDIA'S ECONOMIC REFORMS 1991l2001.
Yet political opponents could, apparently with some plausibility, 2 Cassen and Joshi (1995) . claim that they would hurt the poor. Without explaining where 4 INDIA'S ECONOMIC REFORMS 1991l2001.
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claim that they would hurt the poor. Without explaining where the reforms were leading, and what were their expected benefits, a constituency for reform could hardly be created. At about the same time, in a paper commissioned by the ...
claim that they would hurt the poor. Without explaining where the reforms were leading, and what were their expected benefits, a constituency for reform could hardly be created. At about the same time, in a paper commissioned by the ...
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We deny that there is some characteristically different economic model which applies better to poor countries and would enable them to develop faster. We end with a brief reader's guide. Chapter 2 deals with the stabilization measures ...
We deny that there is some characteristically different economic model which applies better to poor countries and would enable them to develop faster. We end with a brief reader's guide. Chapter 2 deals with the stabilization measures ...
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The structural reforms we advocate will benefit the poor by eliminating the bias against employment which has long been a feature of India's trade and industrial policies. But they may have some adverse distributional effects in the ...
The structural reforms we advocate will benefit the poor by eliminating the bias against employment which has long been a feature of India's trade and industrial policies. But they may have some adverse distributional effects in the ...
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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