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. |
من داخل الكتاب
النتائج 1-5 من 45
الصفحة vi
Industrial Policy and Factor Markets 5.1 Introduction 5.2 The Structure of Industry (non-financial) 5.3 Corporate Governance in the Private Sector 5.4 Sick Companies, Bankruptcy, and Exit Policy 6.The Social Sectors, Poverty, ...
Industrial Policy and Factor Markets 5.1 Introduction 5.2 The Structure of Industry (non-financial) 5.3 Corporate Governance in the Private Sector 5.4 Sick Companies, Bankruptcy, and Exit Policy 6.The Social Sectors, Poverty, ...
الصفحة 1
Its sketch of developments from 1964 to 1991 ends with the sentence 'The new government moved swiftly and announced a programme of macroeconomic stabilization and structural adjustment'. The new government was that of P. V. Narasimha ...
Its sketch of developments from 1964 to 1991 ends with the sentence 'The new government moved swiftly and announced a programme of macroeconomic stabilization and structural adjustment'. The new government was that of P. V. Narasimha ...
الصفحة 3
On the structural adjustment front, the derestriction of domestic production and investment has gone a long way. Foreign trade has been extensively decontrolled, but by no means completely. Tariffs have been greatly reduced, ...
On the structural adjustment front, the derestriction of domestic production and investment has gone a long way. Foreign trade has been extensively decontrolled, but by no means completely. Tariffs have been greatly reduced, ...
الصفحة 4
What was the envisaged structure of the banking system, and other financial institutions? Was protection on its way out; or was continued quite high protection of the domestic market to survive? What framework was envisaged for social ...
What was the envisaged structure of the banking system, and other financial institutions? Was protection on its way out; or was continued quite high protection of the domestic market to survive? What framework was envisaged for social ...
الصفحة 11
Stabilization measures should be distinguished from the long-run structural reforms that were also initiated in 1991. Stabilization led to some increase in poverty in 1992, but we believe that this damage has been repaired.
Stabilization measures should be distinguished from the long-run structural reforms that were also initiated in 1991. Stabilization led to some increase in poverty in 1992, but we believe that this damage has been repaired.
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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