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 3
India now has adequate reserves and is credit-worthy, while production is expanding at a satisfactory rate. But inflation is too high, and the fiscal deficit is still too large to be sustainable in the long run.
India now has adequate reserves and is credit-worthy, while production is expanding at a satisfactory rate. But inflation is too high, and the fiscal deficit is still too large to be sustainable in the long run.
الصفحة 7
For public production to be advisable, a strong case would need to be made that private production would be inefficient or socially harmful, even after allowing for all the possibilities of public regulation. Why do we say this?
For public production to be advisable, a strong case would need to be made that private production would be inefficient or socially harmful, even after allowing for all the possibilities of public regulation. Why do we say this?
الصفحة 14
Remarkably, there was hardly any current account adjustment for the rest of the decade despite favourable developments such as a softening of oil prices and rising domestic oil production. The current account deficit averaged 25 per ...
Remarkably, there was hardly any current account adjustment for the rest of the decade despite favourable developments such as a softening of oil prices and rising domestic oil production. The current account deficit averaged 25 per ...
الصفحة 16
Agricultural production was satisfactory throughout, helped by the run of good weather (and perhaps by its improving profitability following the reform measures). Manufacturing output was sluggish in 9 In the event, money supply grew ...
Agricultural production was satisfactory throughout, helped by the run of good weather (and perhaps by its improving profitability following the reform measures). Manufacturing output was sluggish in 9 In the event, money supply grew ...
الصفحة 51
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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 |