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 9
For further discussion of this problem see Chapters 2 and 4. 7 6 Our views on industrial policy in these countries are also set out in Joshi and Little (1993). A more closely reasoned critique is in Little (1994) .
For further discussion of this problem see Chapters 2 and 4. 7 6 Our views on industrial policy in these countries are also set out in Joshi and Little (1993). A more closely reasoned critique is in Little (1994) .
الصفحة 11
Apart from some charred remains, there are many other serious problems which have hardly been addressed. Much of the huge public sector ... Prominent are those which prevent firms being closed, and so generate the sick company problem.
Apart from some charred remains, there are many other serious problems which have hardly been addressed. Much of the huge public sector ... Prominent are those which prevent firms being closed, and so generate the sick company problem.
الصفحة 13
Since some reforms may magnify the macroeconomic problem, it has been argued that stabilization should precede structural reform. Examples are trade reforms which reduce revenue, or financial reforms which raise the cost of government ...
Since some reforms may magnify the macroeconomic problem, it has been argued that stabilization should precede structural reform. Examples are trade reforms which reduce revenue, or financial reforms which raise the cost of government ...
الصفحة 15
While exchange rate policy must take part of the blame for the lack of current account adjustment and the heavy accumulation of foreign debt, the heart of the problem lay in the reversal of India's erstwhile fiscal prudence.
While exchange rate policy must take part of the blame for the lack of current account adjustment and the heavy accumulation of foreign debt, the heart of the problem lay in the reversal of India's erstwhile fiscal prudence.
الصفحة 22
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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
معلومات المراجع
| العنوان | India's Economic Reforms, 1991-2001 |
| المؤلفون | Vijay Joshi, I. M. D Little |
| الناشر | Clarendon Press, 1996 |
| رقم ISBN (الرقم الدولي المعياري للكتاب) | 0191521833, 9780191521836 |
| عدد الصفحات | 298 من الصفحات |
| تصدير الاقتباس | BiBTeX EndNote RefMan |