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Does Openness Affect Regional Inequality? A Case Study for India

Author : Alokesh Barua
Publisher :
Page : 0 pages
File Size : 30,46 MB
Release : 2010
Category :
ISBN :

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This paper examines the impact of economic liberalization on interregional inequality in India. It has been observed in many studies that interregional inequality in India has been steadily increasing over time. This paper is a further confirmation of this result. We have tried to locate the cause of rising interregional inequality within the production structure of the economy and observed that it is positively and systematically related to the cross-regional inequalities in agriculture and manufacturing. This systematic relationship has further been examined from a structuralist viewpoint to unravel the factors determining manufacturing production across regions where we have found that trade openness is the key factor determining the manufacturing share in income across the regions. Our further enquiry into manufacturing and trade patterns has shown that the Herfindahl index of concentration has been increasing over time on both counts. This result, along with the findings of the structuralist model about disproportionate growth of manufacturing across regions, provides an explanation of the cause of rising interregional inequality in India.

Development Policy Implications for Growth and Regional Inequality in a Small Open Economy

Author : Alokesh Barua
Publisher :
Page : 0 pages
File Size : 22,97 MB
Release : 2015
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ISBN :

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Inclusive economic development has become a pressing goal of government policy in India in the face of rising regional inequality. This paper examines the role of targeted development policy action in inducing economic growth and also in reducing regional income inequality during the last two decades (since the beginning of the 1990s) -- a period marked by increasing trade openness. In our disaggregated analysis of the states, we find that while the government capital expenditure policy has had significant positive impact on output growth of the poorer states, it failed to break the trend of escalating regional inequality. The policy has been significantly more effective in enhancing manufacturing sector output in the poorer states compared with the richer states. On the trade front, while the poorer states gained somewhat in income growth from greater openness, the gains were not large enough to offset the increasing regional disparity.

Issues in Regional Economics: 2011 Edition

Author :
Publisher : ScholarlyEditions
Page : 279 pages
File Size : 28,75 MB
Release : 2012-01-09
Category : Business & Economics
ISBN : 146496713X

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Issues in Regional Economics / 2011 Edition is a ScholarlyEditions™ eBook that delivers timely, authoritative, and comprehensive information about Regional Economics. The editors have built Issues in Regional Economics: 2011 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Regional Economics in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Regional Economics: 2011 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.

Regional Inequality in China

Author : Shenggen Fan
Publisher : Routledge
Page : 273 pages
File Size : 22,85 MB
Release : 2009-04
Category : Business & Economics
ISBN : 1135972257

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As regional inequality looms large in the policy debate in China, this volume brings together a selection of papers from authors whose work has had real impact on policy, so that researchers and policy makers can have access to them in one place.

Neoliberalism in the Emerging Economy of India

Author : Byasdeb Dasgupta
Publisher : Taylor & Francis
Page : 265 pages
File Size : 30,87 MB
Release : 2021-07-07
Category : Business & Economics
ISBN : 1000406385

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Neoliberal economic reforms over the last four decades have altered the economic cartography of emerging market economies such as India, particularly in the context of international trade, investment and finance, and in terms of their effects on the real economy. This book examines the issues of financialization, investment climate and the impact of trade liberalization. By analysing these three features of neoliberal reform the book is unique, since it accommodates both a mainstream neoclassical approach and a non-mainstream political economy approach. The major questions answered by this book, cover three basic lines of enquiry pertaining to neoliberal reforms. They are (a) how financialization as a new process affects the real economic health of emerging market economies characterized by globalization; (b) how the changing form of international trade in the new regime impacts upon the informal economy, and employment and trade potential in the home country; and (c) how global investment has shaped the real economy in emerging countries like India. The book will be extremely useful for postgraduate students of international economics, particularly development economics and political economy, including researchers with a keen interest in India.

Neoliberal Policies and Inequality

Author : Arindam Biswas
Publisher : Taylor & Francis
Page : 201 pages
File Size : 31,28 MB
Release : 2024-08-21
Category : Political Science
ISBN : 1040119344

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This book explores the discourse on urban and regional inequality within the framework of neoliberalism. It analyzes the widespread application of neoliberal policies in Asian city regions and identifies their influence on rising inequality. The book captures inequality through spatial and non-spatial policy narratives with empirical evidence from India, Japan, South Korea, Taiwan, and Thailand. The book uses analytics, narratives and simulation to unfold the opportunities and threats to urban regions that bear the impacts of globalization and neoliberal policies. Lucid and topical, this book will be an essential read for scholars and researchers of urban economics, urban and regional planning, urban studies, urban sociology, political economy, public policy, governance, development studies and Asian economy.

The Routledge Handbook of Environmental Economics in Asia

Author : Shunsuke Managi
Publisher : Routledge
Page : 1132 pages
File Size : 37,39 MB
Release : 2015-02-11
Category : Business & Economics
ISBN : 1317597869

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Problems of climate change, biodiversity and air pollution are clearly growing globally, but more particularly in Asia because of its economic importance and richness in nature. The increasing interest in environmental and resource economics applied in regions of Asia will make this book an outstanding resource to the existing literature, particularly in the fields of environmental and resource economics and the integration of applied content in traditional and agricultural development. At present there is no single handbook or text on the state of current knowledge in environmental economics in Asia or one which offers a comprehensive guide to students and academics on the subjects of environmental economics research. This book will help to fill the gap in the existing literature.

The Internal Geography of Trade

Author : Thomas Farole
Publisher : World Bank Publications
Page : 301 pages
File Size : 48,63 MB
Release : 2013-04-01
Category : Business & Economics
ISBN : 0821398954

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While national incomes have converged in recent decades, the emergence of entrenched leading and lagging regions within countries is becoming a critical policy challenge. Drawing on empirical studies and case studies, this book assesses the role of trade integration and connectivity in shaping and addressing the challenges of lagging regions.

Inequality in Asia and the Pacific

Author : Ravi Kanbur
Publisher : Routledge
Page : 437 pages
File Size : 38,59 MB
Release : 2014-02-24
Category : Business & Economics
ISBN : 1134670206

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Asia’s rapid economic growth has led to a significant reduction in extreme poverty, but accompanied by rising inequality. This book deals with three questions: What have been the trends of inequality in Asia and the Pacific? What are the key drivers of rising inequality in the region? How should Asian countries respond to the rising inequality? Technological change, globalization, and market-oriented reform have been the key drivers of Asia’s remarkable growth and poverty reduction, but they have also had significant distribution consequences. These three drivers of growth cannot be hindered because they are the sources of productivity improvement and betterment of quality of life. This book will be useful to those interested in policy options that could be deployed by Asian countries in confronting rising inequality.

Inequality in the Developing World

Author : Carlos Gradín
Publisher : Oxford University Press
Page : 373 pages
File Size : 23,20 MB
Release : 2021
Category : Business & Economics
ISBN : 0198863969

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Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public and academic debates and has become a dominant policy concern within many countries and in all multilateral agencies. It is at the core of the 17 goals of the UN 2030 Agenda for Sustainable Development. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the world's largest developing countries - Brazil, China, India, Mexico, and South Africa.