Economic Reform and the Liberalisation of the Indian Economy

Economic Reform and the Liberalisation of the Indian Economy

Author: Richard Tregurtha Shand

Publisher: Edward Elgar Publishing

Published: 2003

Total Pages: 436

ISBN-13:

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A decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalised economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced growth. This important new book gauges how far India has been successful in achieving this goal by implementing the correct economic reform measures. There is a severe lack of solid analytical evidence or rigorous scientific studies on the success of India's economic reforms. The expert authors attempt to redress this imbalance with a thorough analysis of key aspects of the state of the Indian economy since 1991. Keeping poverty reduction as the major objective, they comprehensively discuss and identify further reform measures which are vital in the monetary, fiscal and agriculture sectors in order to maintain and improve the momentum of growth. When compared with East Asian countries including China, India's lacklustre growth performance indicates that the task of reform is far from over. The authors argue that India needs to pursue its reform process much more vigorously at both the central and state levels in order to achieve its full growth potential. Providing a comprehensive assessment of the impact of economic reforms in India, this book will appeal to policymakers, researchers and students with an interest in developing economies. Political scientists as well as economists in the fields of liberalisation and international development will also find this an engaging and enlightening volume.


Book Synopsis Economic Reform and the Liberalisation of the Indian Economy by : Richard Tregurtha Shand

Download or read book Economic Reform and the Liberalisation of the Indian Economy written by Richard Tregurtha Shand and published by Edward Elgar Publishing. This book was released on 2003 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: A decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalised economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced growth. This important new book gauges how far India has been successful in achieving this goal by implementing the correct economic reform measures. There is a severe lack of solid analytical evidence or rigorous scientific studies on the success of India's economic reforms. The expert authors attempt to redress this imbalance with a thorough analysis of key aspects of the state of the Indian economy since 1991. Keeping poverty reduction as the major objective, they comprehensively discuss and identify further reform measures which are vital in the monetary, fiscal and agriculture sectors in order to maintain and improve the momentum of growth. When compared with East Asian countries including China, India's lacklustre growth performance indicates that the task of reform is far from over. The authors argue that India needs to pursue its reform process much more vigorously at both the central and state levels in order to achieve its full growth potential. Providing a comprehensive assessment of the impact of economic reforms in India, this book will appeal to policymakers, researchers and students with an interest in developing economies. Political scientists as well as economists in the fields of liberalisation and international development will also find this an engaging and enlightening volume.


Liberalisation and Globalisation of Indian Economy

Liberalisation and Globalisation of Indian Economy

Author: Ed. K.R. Gupta

Publisher: Atlantic Publishers & Dist

Published: 2005

Total Pages: 392

ISBN-13: 9788126904945

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In India, The Move Towards Globalisation And Free Trade Coincided With The Process Of Structural Reforms And Economic Liberalisation That Began In July 1991. Since Then The Country Has Seen A Significant Integration Of Markets In Commodity, Services, Finance And Technology With Other Countries. Right At The Outset Of Globalisation, Some Persons In India Like Those In Other Developing Countries Were Against This New Trend, Perceiving It As Elite-Driven And Incapable Of Bringing Qualitative Change In Peoples Lives. Fear Of Lagging Behind In The Race With The Advanced Countries, Which Would Ultimately Capture A Lion S Share In The Global Market, Had Further Led Some People To Oppose Globalisation.But The Present Scenario Is Altogether Different. India S Apprehensions About Globalisation Have Been Removed To Some Extent. Economic Liberalisation Has Paved Way For Rapid Technological Progress For India While Globalisation Has Given Its Young Talent Vast Employment Opportunities In America And Europe. Today, India Has Become A Big Market For Multinational Giants. There Is Hardly A Big-Name Company That Is Not Outsourcing To India. India Has Developed Several Hubs Of Information Technology-Enabled Services, Business Process Outsourcing, Research & Development, Pharmaceuticals And Telecommunication. On The Contrary, The Advanced Countries Like The United States Are Now Fearing Globalisation Because They Are Losing Jobs In The International Corporate World To Indian Technical Experts. Globalisation And Liberalisation Have Brought New Opportunities In Our Country In Trade, Business, Services And Employment. The Atmosphere Is Vibrant. The Younger Generation Is Educated, Talented And Ambitious. The Opening Of International Markets Has Led To Earnest Endeavours To Improve Product Quality To Secure Marketing. Internationalisation And Privatisation Of Education Has Led To Updating Of Curriculum And Bring Technical Manpower That Would Implement The Latest Technology In Manufacturing And Servicing. The Globalisation Should Be Made An Instrument Of Rapid Economic Development In A Way That Its Benefits Reach All Regions Of The Country And All Sections Of Society.The Volume Has Wide Coverage Including In Its Spectrum The Structural Changes In The Indian Economy. Contributors To This Volume Have Not Only Recognised The Reality Of Globalisation As A Process Of Change But Have Also Comprehensively Dealt With The Major Issues And Concerns For India In The Context Of Globalisation. 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 Would Be Found Useful By The Researchers And Students Of Economics, Businessmen, Government Executives, Parliamentarians And Legislators, Concerned With The Formulation And Execution Of Economic Policies, And The General Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.


Book Synopsis Liberalisation and Globalisation of Indian Economy by : Ed. K.R. Gupta

Download or read book Liberalisation and Globalisation of Indian Economy written by Ed. K.R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2005 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: In India, The Move Towards Globalisation And Free Trade Coincided With The Process Of Structural Reforms And Economic Liberalisation That Began In July 1991. Since Then The Country Has Seen A Significant Integration Of Markets In Commodity, Services, Finance And Technology With Other Countries. Right At The Outset Of Globalisation, Some Persons In India Like Those In Other Developing Countries Were Against This New Trend, Perceiving It As Elite-Driven And Incapable Of Bringing Qualitative Change In Peoples Lives. Fear Of Lagging Behind In The Race With The Advanced Countries, Which Would Ultimately Capture A Lion S Share In The Global Market, Had Further Led Some People To Oppose Globalisation.But The Present Scenario Is Altogether Different. India S Apprehensions About Globalisation Have Been Removed To Some Extent. Economic Liberalisation Has Paved Way For Rapid Technological Progress For India While Globalisation Has Given Its Young Talent Vast Employment Opportunities In America And Europe. Today, India Has Become A Big Market For Multinational Giants. There Is Hardly A Big-Name Company That Is Not Outsourcing To India. India Has Developed Several Hubs Of Information Technology-Enabled Services, Business Process Outsourcing, Research & Development, Pharmaceuticals And Telecommunication. On The Contrary, The Advanced Countries Like The United States Are Now Fearing Globalisation Because They Are Losing Jobs In The International Corporate World To Indian Technical Experts. Globalisation And Liberalisation Have Brought New Opportunities In Our Country In Trade, Business, Services And Employment. The Atmosphere Is Vibrant. The Younger Generation Is Educated, Talented And Ambitious. The Opening Of International Markets Has Led To Earnest Endeavours To Improve Product Quality To Secure Marketing. Internationalisation And Privatisation Of Education Has Led To Updating Of Curriculum And Bring Technical Manpower That Would Implement The Latest Technology In Manufacturing And Servicing. The Globalisation Should Be Made An Instrument Of Rapid Economic Development In A Way That Its Benefits Reach All Regions Of The Country And All Sections Of Society.The Volume Has Wide Coverage Including In Its Spectrum The Structural Changes In The Indian Economy. Contributors To This Volume Have Not Only Recognised The Reality Of Globalisation As A Process Of Change But Have Also Comprehensively Dealt With The Major Issues And Concerns For India In The Context Of Globalisation. 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 Would Be Found Useful By The Researchers And Students Of Economics, Businessmen, Government Executives, Parliamentarians And Legislators, Concerned With The Formulation And Execution Of Economic Policies, And The General Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.


Liberalisation and Globalisation of Indian Economy

Liberalisation and Globalisation of Indian Economy

Author: Kulwant Rai Gupta

Publisher: Atlantic Publishers & Dist

Published: 1995

Total Pages: 324

ISBN-13: 9788171567065

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Six Years Have Passed Since The Fast Process Of Liberalisation And Globalisation Was Started In India In July 1991. The Book Examines The Achievements And Failures Of The Process Of Economic Reforms During This Period. It Makes Useful Suggestions To Make The Economic Reforms More Successful And Human. The Role Which The State Has To Play In Accelerating The Process Of Economic Development And In Lessening Social Tensions Involved In Rapid Economic Reforms Has Been Clearly Laid Down In Detail.The Book Studies The Experience Of Economic Reforms In Other Countries And The Lessons Which India Can Draw From That. It Also Examines The Role Which Multinationals Can Play In The Economic Development Of The Country.The Book Analyses The Impact Of Economic Reforms On The Agricultural Economy And The Cottage And Small Scale Sector. It Emphasises The Need For Greater Attention To These Sectors On Which Depends The Well Being Of An Overwhelming Portion Of The Population.A Host Of Issues Concerning The Process Of Liberalisation And Globalisation Have Been Examined By Fortyseven Economists Spread Over The Entire Country.The First Volume Was Published In 1995 And The Response Of Readers Was So Heavy That It Had To Be Reprinted Again. The Encouraging Response To The First Volume Has Led To The Publication Of The Second Volume.


Book Synopsis Liberalisation and Globalisation of Indian Economy by : Kulwant Rai Gupta

Download or read book Liberalisation and Globalisation of Indian Economy written by Kulwant Rai Gupta and published by Atlantic Publishers & Dist. This book was released on 1995 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Six Years Have Passed Since The Fast Process Of Liberalisation And Globalisation Was Started In India In July 1991. The Book Examines The Achievements And Failures Of The Process Of Economic Reforms During This Period. It Makes Useful Suggestions To Make The Economic Reforms More Successful And Human. The Role Which The State Has To Play In Accelerating The Process Of Economic Development And In Lessening Social Tensions Involved In Rapid Economic Reforms Has Been Clearly Laid Down In Detail.The Book Studies The Experience Of Economic Reforms In Other Countries And The Lessons Which India Can Draw From That. It Also Examines The Role Which Multinationals Can Play In The Economic Development Of The Country.The Book Analyses The Impact Of Economic Reforms On The Agricultural Economy And The Cottage And Small Scale Sector. It Emphasises The Need For Greater Attention To These Sectors On Which Depends The Well Being Of An Overwhelming Portion Of The Population.A Host Of Issues Concerning The Process Of Liberalisation And Globalisation Have Been Examined By Fortyseven Economists Spread Over The Entire Country.The First Volume Was Published In 1995 And The Response Of Readers Was So Heavy That It Had To Be Reprinted Again. The Encouraging Response To The First Volume Has Led To The Publication Of The Second Volume.


Economic Reforms and Rural Development in India

Economic Reforms and Rural Development in India

Author: Gogula Parthasarathy

Publisher: Academic Foundation

Published: 2003

Total Pages: 296

ISBN-13: 9788171882939

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Since 1991, the Indian economy has been exposed to economic liberalization and globalization in line with structural adjustment and stabilisation policies initiated by IMF and World Bank. This analysis outlines the controversial shift in Indian economic policy from State-oriented development strategy to market-oriented development that leaves decisions of production and distribution to be made by the market.


Book Synopsis Economic Reforms and Rural Development in India by : Gogula Parthasarathy

Download or read book Economic Reforms and Rural Development in India written by Gogula Parthasarathy and published by Academic Foundation. This book was released on 2003 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1991, the Indian economy has been exposed to economic liberalization and globalization in line with structural adjustment and stabilisation policies initiated by IMF and World Bank. This analysis outlines the controversial shift in Indian economic policy from State-oriented development strategy to market-oriented development that leaves decisions of production and distribution to be made by the market.


The Routledge Handbook of Post-Reform Indian Economy

The Routledge Handbook of Post-Reform Indian Economy

Author: Rajesh Raj S. N.

Publisher: Taylor & Francis

Published: 2021-11-26

Total Pages: 592

ISBN-13: 1000459322

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This handbook presents a comprehensive study of the post-reform Indian economy, three decades after the economic liberalization started in the early 1990s. It studies the broad range of changes that were introduced in the reforms era, assessing their impact on sectors like manufacturing, agriculture, banking and finance, among others. It also assesses the performance of these sectors amid globalization and the socio-economic shifts in the country. The volume evaluates the contribution of the reforms to social transformation, social inclusion, sustainability and human development, and deliberates on the gains, blind spots and limitations. With contributions from scholars across the country, case studies and comparative analyses that draw on data analysis, econometric evidence and historical sensibility, this is an authoritative volume on the reforms of the 1990s and their impact on the Indian economy and people. Topical and the first of its kind, the book will be a useful resource for scholars and researchers of economics, development studies, political economy, management studies, public policy and political studies.


Book Synopsis The Routledge Handbook of Post-Reform Indian Economy by : Rajesh Raj S. N.

Download or read book The Routledge Handbook of Post-Reform Indian Economy written by Rajesh Raj S. N. and published by Taylor & Francis. This book was released on 2021-11-26 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook presents a comprehensive study of the post-reform Indian economy, three decades after the economic liberalization started in the early 1990s. It studies the broad range of changes that were introduced in the reforms era, assessing their impact on sectors like manufacturing, agriculture, banking and finance, among others. It also assesses the performance of these sectors amid globalization and the socio-economic shifts in the country. The volume evaluates the contribution of the reforms to social transformation, social inclusion, sustainability and human development, and deliberates on the gains, blind spots and limitations. With contributions from scholars across the country, case studies and comparative analyses that draw on data analysis, econometric evidence and historical sensibility, this is an authoritative volume on the reforms of the 1990s and their impact on the Indian economy and people. Topical and the first of its kind, the book will be a useful resource for scholars and researchers of economics, development studies, political economy, management studies, public policy and political studies.


Economic Liberalisation in India

Economic Liberalisation in India

Author:

Publisher: APH Publishing

Published: 1995

Total Pages: 408

ISBN-13: 9788170246954

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Contributed articles.


Book Synopsis Economic Liberalisation in India by :

Download or read book Economic Liberalisation in India written by and published by APH Publishing. This book was released on 1995 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles.


India's Economic Reforms, 1991-2001

India's Economic Reforms, 1991-2001

Author: Vijay Joshi

Publisher: Oxford University Press

Published: 1996

Total Pages: 297

ISBN-13: 0198290780

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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.


Book Synopsis India's Economic Reforms, 1991-2001 by : Vijay Joshi

Download or read book India's Economic Reforms, 1991-2001 written by Vijay Joshi and published by Oxford University Press. This book was released on 1996 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


The Indian Economy Since 1991: Economic Reforms and Performance

The Indian Economy Since 1991: Economic Reforms and Performance

Author: Prakash Alwin

Publisher: Pearson Education India

Published: 2008

Total Pages: 621

ISBN-13: 9332506299

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The Indian Economy Since 1991: Economic Reforms and Performance is an edited volume, 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.


Book Synopsis The Indian Economy Since 1991: Economic Reforms and Performance by : Prakash Alwin

Download or read book The Indian Economy Since 1991: Economic Reforms and Performance written by Prakash Alwin and published by Pearson Education India. This book was released on 2008 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian Economy Since 1991: Economic Reforms and Performance is an edited volume, 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.


Liberalisation and Globalisation of Indian Economy

Liberalisation and Globalisation of Indian Economy

Author: Ed. K.R. Gupta

Publisher: Atlantic Publishers & Dist

Published: 2002

Total Pages: 360

ISBN-13: 9788126901586

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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.


Book Synopsis Liberalisation and Globalisation of Indian Economy by : Ed. K.R. Gupta

Download or read book Liberalisation and Globalisation of Indian Economy written by Ed. K.R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2002 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Democratic Politics and Economic Reform in India

Democratic Politics and Economic Reform in India

Author: Rob Jenkins

Publisher: Cambridge University Press

Published: 1999

Total Pages: 264

ISBN-13: 9780521659871

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


Book Synopsis Democratic Politics and Economic Reform in India by : Rob Jenkins

Download or read book Democratic Politics and Economic Reform in India written by Rob Jenkins and published by Cambridge University Press. This book was released on 1999 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes issue with existing theories of the relationship between democracy and economic liberalisation.