[PDF] Sustaining Indias Growth Miracle eBook

Author : Jagdish N. Bhagwati
Publisher : Columbia University Press
Page : 277 pages
File Size : 36,75 MB
Release : 2008-05-06
Category : Political Science
ISBN : 0231512945

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The economy of India is growing at a rate of 8 percent per year, and its exports of goods and services have more than doubled in the past three years. Considering these trends, economists, scholars, and political leaders across the globe are beginning to wonder whether India's growth can be sustained. The contributors to this volume analyze the forces behind India's emerging role as a world economic player and identify the hidden weaknesses that, if unaddressed, may slow the country's growth. Chapters suggest how to transform India's primarily rural population into a gainfully employed modern sector; methods to achieve fiscal sustainability and consolidation; infrastructure bottlenecks, especially in terms of finite energy resources; and, given the country's complex electoral government and global political position, the obstacles toward effecting policy reform. Sustaining India's Growth Miracle is a valuable resource for practitioners, policymakers, students, and scholars. It tackles issues from political, economic, and academic perspectives, and the concluding chapter, a talk given by the commerce and industry minister of India, discusses the country's position as a world power, outlining several reasons for its success and exploring the difficulties that lie ahead.

Author : Pradeep Agrawal
Publisher : Cambridge University Press
Page : 417 pages
File Size : 38,90 MB
Release : 2015-03-26
Category : Business & Economics
ISBN : 1316673901

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This book brings together the latest research findings from leading economists from India and abroad on ways to revive and sustain higher growth rates in India. Divided into five parts, the first part empirically examines the various factors that affect poverty and shows that growth is crucial to poverty reduction. The second part investigates the factors responsible for sustaining industrial growth including skill formation and innovation. Part III analyses the critical role of monetary policy and shows that it is not very effective in the presence of commodity price shocks and supply constraints. It explains why RBI could not effectively control inflation and why the government must play a crucial supporting role in controlling inflation. Part IV then analyses various supply constraints to growth including agriculture, energy security, social and physical infrastructure and discusses how to deal with them effectively. Part V analyses the labour and financial market policies.

Author : Commission on Growth and Development
Publisher : World Bank Publications
Page : 198 pages
File Size : 12,70 MB
Release : 2008-07-23
Category : Business & Economics
ISBN : 0821374923

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The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Author : Pranab Bardhan
Publisher : Princeton University Press
Page : 188 pages
File Size : 45,49 MB
Release : 2012-12-30
Category : Business & Economics
ISBN : 0691156409

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The recent economic rise of China and India has attracted a great deal of attention. Yet, many of the views regarding their market reforms and high growth have been tendentious, exaggerated, or oversimplified. Awakening Giants, Feet of Clay scrutinizes the phenomenal rise of both nations and demolishes the myths that have accumulated around the economic achievements of these two giants in the last quarter-century. Exploring the challenges that both countries must overcome to become true leaders in the international economy, Pranab Bardhan looks beyond short-run macroeconomic issues to examine structures, and current general performance. Full of valuable insights, Awakening Giants, Feet of Clay provides a nuanced picture of China and India's complex political economy at a time of startling global reconfiguration and change.

Author : Kung-Chung Liu
Publisher : Springer Nature
Page : 513 pages
File Size : 30,87 MB
Release : 2019-09-06
Category : Law
ISBN : 981138102X

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This open access book analyses intellectual property codification and innovation governance in the development of six key industries in India and China. These industries are reflective of the innovation and economic development of the two economies, or of vital importance to them: the IT Industry; the film industry; the pharmaceutical industry; plant varieties and food security; the automobile industry; and peer production and the sharing economy. The analysis extends beyond the domain of IP law, and includes economics and policy analysis. The overarching concern that cuts through all chapters is an inquiry into why certain industries have developed in one country and not in the other, including: the role that state innovation policy and/or IP policy played in such development; the nature of the state innovation policy/IP policy; and whether such policy has been causal, facilitating, crippling, co-relational, or simply irrelevant. The book asks what India and China can learn from each other, and whether there is any possibility of synergy. The book provides a real-life understanding of how IP laws interact with innovation and economic development in the six selected economic sectors in China and India. The reader can also draw lessons from the success or failure of these sectors.

Author : Pradeep Agrawal
Publisher : Cambridge University Press
Page : 560 pages
File Size : 30,77 MB
Release : 2017-11-08
Category : Business & Economics
ISBN : 1108226116

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The growth rate of the Indian economy has plummeted sharply from 9 per cent in 2010 to below 5 per cent over 2012−14. It is essential to sustain a growth rate of 8 per cent or more over the next 20 years to eliminate poverty and reach a decent standard of living. There is an urgent need for research on the challenges facing India in reviving and sustaining high rates of economic growth, some of which are related to industrial policy, trade policy, infrastructure bottlenecks, inflation and macroeconomic issues, governance issues, demography and human capital. There is also a need for better industrial and human resource policies, higher investment and savings rates, higher exports and foreign investment inflows. This book studies the importance of growth, the role of industrial policy in sustaining it, and other critical issues regarding ways to revive and sustain higher growth in India across various sectors of the economy.

Author : Pulapre Balakrishnan
Publisher : Oxford University Press
Page : 295 pages
File Size : 41,27 MB
Release : 2010-08-04
Category : Business & Economics
ISBN : 0199088179

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This study of economic growth in India is both an interpretation of its trajectory since 1950 and an evaluation of its prospects in the near future. It is marked by theoretical integrity, historical perspective, thick description, discriminating use of econometrics, and definitive conclusions. Commencing with a favourable appraisal of the growth record of early independent India and an account of how this advantage was lost, the author proceeds to argue that by now it is more than just delayed liberalizing reforms that stand in the way of sustained double-digit growth rates. The prospects for high long-term growth in India are instead linked to the progress in the areas of agriculture and education, particularly schooling. Further, the author proposes that achieving inclusive growth, currently high on the Indian government's agenda, would be not merely politically rewarding but pivotal to maintaining the dynamism of the economy. The possibility of such an outcome, he shows, is tied more to the state's capacity to govern our public institutions than to its command over resources. To that extent the future of growth in India lies as much in the space of politics.

Author : Biswarup Sen
Publisher : Routledge
Page : 190 pages
File Size : 38,17 MB
Release : 2016-01-08
Category : Social Science
ISBN : 1317355822

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The relationship between information and the nation-state is typically portrayed as a face-off involving repressive state power and democratic flows: Twitter and the Arab Spring, Google in China, WikiLeaks and the U.S. State Department. Less attention has been paid to those scenarios where states have regarded information and its diffusion as productive of modernity and globalization. It is the central argument of this book that the contemporary nation-state, especially in the global South, is far from hostile to the current informational milieu and in fact makes crucial use of it in order to develop adequate modes of governance, communication and sociality in a networked world. This book focuses on India – an emerging country that has recently witnessed a "software miracle" – to highlight the critical role informatics has historically played in the national imagination and to demonstrate how the state, private capital and civic society have drawn upon and engaged the precepts and protocols of the information age to fashion an "info-nation."

Author : Matthew McCartney
Publisher : Routledge
Page : 359 pages
File Size : 21,38 MB
Release : 2009-12-04
Category : Business & Economics
ISBN : 1135178798

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The phenomenal growth and liberalisation of the Indian economy has been the subject of extensive scholarly documentation and competing interpretations. This book examines the key period of liberalisation in India from 1991 to 2008. It analyses the relationship between growth and liberalisation and, in particular, the recent ‘miracle growth rate’ and considers its sustainability in the current Indian economic environment. The book explores and re-evaluates the historical experience of planning in India between 1950 and 1980 as an alternative model of state-led economic development, discusses how far current rapid growth is the result of liberalisation, and how strong the case is for continued liberalisation today. The book is a significant contribution to the growing debate on economic growth and liberalisation, and the broader subject of economic development in India and other developing countries. It will appeal to students, researchers, lecturers and all those interested in South Asia in general and, India, in particular. It is also an essential resource for the study of international political economy and development economics.

Author : Anjan Chakrabarti
Publisher : Cambridge University Press
Page : 444 pages
File Size : 14,92 MB
Release : 2015-10-22
Category : Political Science
ISBN : 131667388X

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Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal, materializing out of the new emergent triad of neo-liberal globalization, global capitalism and inclusive development. This is how the book theorizes the structural transformation of the Indian economy in the twenty-first century. Through this framework, it interrogates and critiques the given debates, ideas and policies about the economic development of a developing nation.