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Liberalization Growth And Regional Disparities In India

Liberalization  Growth and Regional Disparities in India PDF
Author: Madhusudan Ghosh
Publisher: Springer Science & Business Media
ISBN: 8132209818
Size: 39.76 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 223
View: 5575

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Upon the backdrop of impressive progress made by the Indian economy during the last two decades after the large-scale economic reforms in the early 1990s, this book evaluates the performance of the economy on some income and non-income dimensions of development at the national, state and sectoral levels. It examines regional economic growth and inequality in income originating from agriculture, industry and services. In view of the importance of the agricultural sector, despite its declining share in gross domestic product, it evaluates the performance of agricultural production and the impact of agricultural reforms on spatial integration of food grain markets. It studies rural poverty, analyzing the trend in employment, the trickle-down process and the inclusiveness of growth in rural India. It also evaluates the impact of microfinance, as an instrument of financial inclusion, on the socio-economic conditions of rural households. Lastly, it examines the relative performance of fifteen major states of India in terms of education, health and human development. An important feature of the book is that it approaches these issues, applying rigorously advanced econometric methods, and focusing primarily on their regional disparities during the post-reform period vis-à-vis the pre-reform period. It offers important results to guide policies for future development.

Inequality Growth And Poverty In An Era Of Liberalization And Globalization

Inequality  Growth  and Poverty in an Era of Liberalization and Globalization PDF
Author: Giovanni Andrea Cornia
Publisher: Oxford University Press on Demand
ISBN: 9780199284108
Size: 75.50 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 438
View: 6888

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Within-country income inequality has risen since the early 1980s in most of the OECD, all transitional, and many developing countries. More recently, inequality has risen also in India and nations affected by the Asian crisis. Altogether, over the last twenty years, inequality worsened in 70per cent of the 73 countries analysed in this volume, with the Gini index rising by over five points in half of them. In several cases, the Gini index follows a U-shaped pattern, with the turn-around point located between the late 1970s and early 1990s. Where the shift towards liberalization andglobalization was concluded, the right arm of the U stabilized at the 'steady state level of inequality' typical of the new policy regime, as observed in the UK after 1990. Mainstream theory focusing on rises in wage differentials by skill caused by either North-South trade, migration, or technological change poorly explains the recent rise in income inequality. Likewise, while the traditional causes of income polarization-high land concentration, unequal access toeducation, the urban bias, the 'curse of natural resources'-still account for much of cross-country variation in income inequality, they cannot explain its recent rise. This volume suggests that the recent rise in income inequality was caused to a considerable extent by a policy-driven worsening in factorial income distribution, wage spread and spatial inequality. In this regard, the volume discusses the distributive impact of reforms in trade and financialliberalization, taxation, public expenditure, safety nets, and labour markets. The volume thus represents one of the first attempts to analyse systematically the relation between policy changes inspired by liberalization and globalization and income inequality. It suggests that capital accountliberalization appears to have had-on average-the strongest disequalizing effect, followed by domestic financial liberalization, labour market deregulation, and tax reform. Trade liberalization had unclear effects, while public expenditure reform often had positive effects.

The Indian Economy Since 1991

The Indian Economy Since 1991 PDF
Author: Alvin
Publisher: Pearson Education India
ISBN: 9788131718445
Size: 78.62 MB
Format: PDF, Mobi
Category : India
Languages : en
Pages : 598
View: 6864

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This edited volume is based on the UGC's model curriculum for 'Indian Economic Policy', meant for all universities in India. Each chapter is contributed by an expert in the specific area being addressed, and this book presents the policies formulated in each sector or sub-sector, and the resultant changes, during the post-reform period (1991-2008). This volume examines the impact of economic reforms on fronts as varied as the fiscal situation of government of India, state finances, money, capital market, external sector, agriculture, industry, power, health, education, employment, unemployment and poverty.

Welfare States And The Future

Welfare States and the Future PDF
Author: B. Vivekanandan
Publisher: Springer
ISBN: 0230554911
Size: 21.84 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 391
View: 3461

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This volume presents a thought provoking analysis of key welfare state issues engaging policy makers across the globe. It provides a unique and comprehensive evaluation of the state of welfare states- developed and developing. It maps the diversity of welfare regimes across the world and brings to fore the particularities and nuances that characterise them. The book also focuses on the on-going reforms and makes a powerful case for the increased relevance of the welfare state in a globalizing era.

The Atlantic Community

The Atlantic Community PDF
Author: Antoni Kukliński
Publisher: Oficyna Wydawnicza "Rewasz"
ISBN: 8362460067
Size: 13.76 MB
Format: PDF, Docs
Category : Asia
Languages : en
Pages : 300
View: 5995

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Growth Development And Diversity

Growth  Development  and Diversity PDF
Author: K. Pushpangadan
Publisher: OUP India
ISBN: 0198077998
Size: 64.38 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 336
View: 7183

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This volume by distinguished economists and policymakers analyses the contribution of liberalization-induced growth to development. Identifying regional disparities, it also examines specific indicators of development, namely, child labour, nutrition, education, and growth in employment, trade, and productivity.

Economic Growth And Income Inequality In China India And Singapore

Economic Growth and Income Inequality in China  India and Singapore PDF
Author: Pundarik Mukhopadhaya
Publisher: Routledge
ISBN: 1351568906
Size: 39.10 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 186
View: 4490

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The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved from the third world to the first. This book documents and explains the rapid economic growth of the three key Asian economies.The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth.This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.

Liberalisation And Globalisation Of Indian Economy

Liberalisation and Globalisation of Indian Economy PDF
Author: K. R. Gupta
Publisher: Atlantic Publishers & Dist
ISBN: 9788171569632
Size: 50.73 MB
Format: PDF, Mobi
Category : Economic development
Languages : en
Pages : 2138
View: 6395

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The Government Of India Has Recently Introduced A Number Of Second Generation Reforms. But Unfortunately It Has Not Been Possible To Keep Up The Desired Pace Because Of Resistance From The Opposition, And Also From Some Allies On Certain Matters. The Opposition Is Guided Mainly By Political Considerations Rather Than Economic Considerations.In Order To Face Competition In The Fast Opening World Market, Some Of The Needed Reforms Are Likely To Adversely Affect The Economic Well-Being Of The Underprivileged Classes Particularly In Rural Areas And Those Engaged In The Small Scale Sector. Ten Years Of Economic Reforms Have Not Generated Adequate Employment. In Order To Mitigate Such Adverse Effects, Outlay Should Be Considerably Increased In The Rural Areas. This Increased Expenditure Should Be On Building Infrastructure And Other Assets And Not On Subsidies Guided By Political Considerations. Primary Education And Health Services Need Considerably Enhanced Outlays. Safety Valves In The Form Of Comprehensive Social Security Network Are Very Essential For Avoiding Tensions In Society And Lessening Opposition To Reforms.The Volume Has A Wide Coverage And Includes Papers Written By Nineteen Economists Spread Over The Whole Country. The Papers Closely Examine Important Implications And Impact Of Liberalisation And Globalisation Measures Taken By The Government In Recent Years.It Is Hoped That The Book Will Prove Very Useful To The Researchers And Students Of Economics, Businessmen, Government Executives Concerned With The Formulation And Execution Of Economic Policies, Parliamentarians And Legislators, And The Common Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.

Development In Multiple Dimensions

Development in Multiple Dimensions PDF
Author: Alexander Lee
Publisher: University of Michigan Press
ISBN: 0472131257
Size: 19.64 MB
Format: PDF, ePub
Category : Political Science
Languages : en
Pages : 304
View: 2960

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Why do some states provide infrastructure and social services to their citizens, and others do not? In Development in Multiple Dimensions, Alexander Lee examines the origins of success and failure in the public services of developing countries. Comparing states within India, this study examines how elites either control, or are shut out of, policy decisions and how the interests of these elites influence public policy. He shows that social inequalities are not single but multiple, creating groups of competing elites with divergent policy interests. Since the power of these elites varies, states do not necessarily focus on the same priorities: some focus on infrastructure, others on social services, and still others on both or neither. The author develops his ideas through quantitative comparisons and case studies focusing on four northern Indian states: Gujarat, West Bengal, Bihar, and Himachal Pradesh, each of which represents different types of political economy and has a different set of powerful caste groups. The evidence indicates that regional variation in India is a consequence of social differences, and the impact of these differences on carefully considered distributional strategies, rather than differences in ideology, geography, or institutions.

Agricultural Growth Productivity And Regional Change In India

Agricultural Growth  Productivity and Regional Change in India PDF
Author: Surendra Singh
Publisher: Taylor & Francis
ISBN: 1315393417
Size: 70.76 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 292
View: 5114

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Agriculture productivity, growth and regional change in post-colonial India from a spatial perspective are yet to be rigorously examined. In particular, the impacts of economic liberalisation, globalisation and deregulation are not being empirically investigated at a small-area level using advanced statistical and spatial techniques. Understanding the process of regional formation and the rapid transitioning of agricultural landscapes in the Post-Liberalisation phase is pivotal to developing and devising regional economic development strategies. This book employs advanced methods to empirically examine the key characteristics and patterns of regional change in agricultural growth and productivity. It offers insights on changes in agricultural production and practices since the colonial period through to the Post-Liberalisation phase in India. It also incorporates the key public policy debates on the progress of India’s agricultural development with the aim of formulating spatially integrated strategies to reduce rapid rise in the regional convergence and to promote equitable distribution of strategic government investment.

Changing Agricultural Scenario In North East India

Changing Agricultural Scenario in North East India PDF
Author: Bimal J. Deb
Publisher: Concept Publishing Company
ISBN: 9788180692642
Size: 28.23 MB
Format: PDF, ePub, Mobi
Category : Agriculture
Languages : en
Pages : 360
View: 6300

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Papers presented at a national seminar organised by the North-East India Council for Social Science Research, Shillong during 12-13 Dec. 2004.

Governance And Development In India

Governance and Development in India PDF
Author: Seyed Hossein Zarhani
Publisher: Routledge
ISBN: 1351255185
Size: 33.69 MB
Format: PDF, ePub
Category : Social Science
Languages : en
Pages : 232
View: 943

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The study of the political economy of development in India is significant as India has emerged as one of the fastest-growing countries during the last three decades and the rate of economic growth and poverty reduction have not been matched in India’s subnational states. Although the Union Government has introduced and implemented several economic reforms since 1991 to enhance the economic development, the results of implantation have varied. Governance and Development in India compares two Indian subnational states, Andhra Pradesh and Bihar. The book does not consider the state as an aggregate entity; rather, it disaggregates the state relationally and spatially. Concentrating on the micro-institutional variables and the role of regional elites, the author investigates the political roots of the divergence of development trajectories among India’s subnational states since liberalization, as an essential aspect of the political economy of development in India. The book explores the black box of the multi-layered state of India and interactions among the Central Government, the states, regional leaders and other stakeholders and explains why the regional leaders have pursued divergent economic strategies using the analytical narrative research method and the subnational comparative research method. Firmly based on the theoretical foundations of the neo-institutional rational choice model of governance, polycentric hierarchy theory and the strategies for regional elite strategy analysis, combined with empirical research, this book is a valuable contribution to the fields of comparative political economy, state politics in India, governance and development in developing countries, and South Asian comparative politics.

Political Economy Growth And Liberalisation In India 1991 2008

Political Economy  Growth and Liberalisation in India  1991 2008 PDF
Author: Matthew McCartney
Publisher: Routledge
ISBN: 1135178801
Size: 74.94 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 256
View: 4007

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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 its sustainability in the current Indian economic environment. This 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.

Trade Liberalisation And Regional Disparity In Pakistan

Trade Liberalisation and Regional Disparity in Pakistan PDF
Author: Muhammad Shoaib Butt
Publisher: Routledge
ISBN: 113403735X
Size: 66.66 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 272
View: 7546

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Pakistan’s military, which has directly controlled the country’s affairs for more than half of its post-independence history and which often retained real political power even during periods of democratic rule, has played a significant role in trade liberalisation. Regional disparities have increased since the beginning of major trade liberalisation attempts in the 1980s and at present, regional conflicts and the associated regional disparities are extremely high. The authors critically review the country's post-independence political economy of trade liberalisation, the resulting structural change and the story of regional disparities, identifying possible relations with political regimes. Using a regional computable general equilibrium (CGE) model, the effects of trade liberalisation on regional disparities are quantitatively examined, with an emphasis on the key export industries at a national level and on the relative output and employment growth at a regional level. In the first study to distinguish a possible link between trade liberalisation and regional disparities under dissimilar political regimes, such as autocracy and democracy, Butt and Bandara use Pakistan as a case study to draw broader lessons for other developing countries. This book will be of interest to academics, economists, political analysts and policymakers interested in development economics in general and South Asia in particular.