India in the Era of Economic Reforms

India in the Era of Economic Reforms
Title India in the Era of Economic Reforms PDF eBook
Author Jeffrey Sachs
Publisher Oxford University Press, USA
Pages 344
Release 2000
Genre Business & Economics
ISBN

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Contributed articles presented at a conference held in 1996.

Reforms and Economic Transformation in India

Reforms and Economic Transformation in India
Title Reforms and Economic Transformation in India PDF eBook
Author Jagdish Bhagwati
Publisher Oxford University Press
Pages 445
Release 2012-10-05
Genre Business & Economics
ISBN 0199996229

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Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. The first volume, India's Reforms: How They Produced Inclusive Growth (OUP, 2012), systematically demonstrated that reforms-led growth in India led to reduced poverty among all social groups. They also led to shifts in attitudes whereby citizens overwhelmingly acknowledge the benefits that accelerated growth has brought them and as voters, they now reward the governments that deliver superior economic outcomes and punish those that fail to do so. This latest volume takes as its starting point the fact that while reforms have undoubtedly delivered in terms of poverty reduction and associated social objectives, the impact has not been as substantial as seen in other reform-oriented economies such as South Korea and Taiwan in the 1960s and 1970s, and more recently, in China. The overarching hypothesis of the volume is that the smaller reduction in poverty has been the result of slower transformation of the economy from a primarily agrarian to a modern, industrial one. Even as the GDP share of agriculture has seen rapid decline, its employment share has declined very gradually. More than half of the workforce in India still remains in agriculture. In addition, non-farm workers are overwhelmingly in the informal sector. Against this background, the nine original essays by eminent economists pursue three broad themes using firm level data in both industry and services. The papers in part I ask why the transformation in India has been slow in terms of the movement of workers out of agriculture, into industry and services, and from informal to formal employment. They address what India needs to do to speed up this transformation. They specifically show that severe labor-market distortions and policy bias against large firms has been a key factor behind the slow transformation. The papers in part II analyze the transformation that reforms have brought about within and across enterprises. For example, they investigate the impact of privatization on enterprise profitability. Part III addresses the manner in which the reforms have helped promote social transformation. Here the papers analyze the impact the reforms have had on the fortunes of the socially disadvantaged groups in terms of wage and education outcomes and as entrepreneurs.

India's Economic Reforms, 1991-2001

India's Economic Reforms, 1991-2001
Title India's Economic Reforms, 1991-2001 PDF eBook
Author Vijay Joshi
Publisher Clarendon Press
Pages 298
Release 1996-09-26
Genre Business & Economics
ISBN 0191521833

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India 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.

Democratic Politics and Economic Reform in India

Democratic Politics and Economic Reform in India
Title Democratic Politics and Economic Reform in India PDF eBook
Author Rob Jenkins
Publisher Cambridge University Press
Pages 264
Release 1999
Genre Business & Economics
ISBN 9780521659871

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This book takes issue with existing theories of the relationship between democracy and economic liberalisation.

Economic Reform in India

Economic Reform in India
Title Economic Reform in India PDF eBook
Author
Publisher Cambridge University Press
Pages 545
Release 2013-01-21
Genre Business & Economics
ISBN 1107020042

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In this volume, leading economists assess India's economic performance, policies and institutions.

Economic Policy Reforms and the Indian Economy

Economic Policy Reforms and the Indian Economy
Title Economic Policy Reforms and the Indian Economy PDF eBook
Author Anne O. Krueger
Publisher University of Chicago Press
Pages 396
Release 2011-04-15
Genre Business & Economics
ISBN 0226454541

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India is the second most populous country in the world and also one of the poorest. From the late 1940s to 1980, India's per capita income grew at an average annual rate of only two percent. Expansionist economic reforms during the 1980s boosted economic growth but also unfortunately resulted in high inflation and a balance of payments crisis. As a consequence, in 1991 the government announced sweeping new changes in economic policies. Economic Policy Reforms and the Indian Economy evaluates the effects of those changes and identifies areas of the Indian economy still in urgent need of reform. After an overview of Indian economic policies and development since independence, papers focus on the country's fiscal situation, the environment for private economic activity, education, the reservation of certain activities for small-scale industry, and determinants of differentials in rates of growth across the different Indian states. Contributors include respected academic specialists on India and policy reform, high-level Indian administrators, and present and past policymakers.

India Transformed

India Transformed
Title India Transformed PDF eBook
Author Rakesh Mohan
Publisher Brookings Institution Press
Pages 491
Release 2018-09-25
Genre Business & Economics
ISBN 0815736622

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In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.