India's Economic Reforms, 1991-2001India 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. |
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Page vi
Industrial Policy and Factor Markets 5.1 Introduction 5.2 The Structure of Industry (non-financial) 5.3 Corporate Governance in the Private Sector 5.4 Sick Companies, Bankruptcy, and Exit Policy 6.The Social Sectors, Poverty, ...
Industrial Policy and Factor Markets 5.1 Introduction 5.2 The Structure of Industry (non-financial) 5.3 Corporate Governance in the Private Sector 5.4 Sick Companies, Bankruptcy, and Exit Policy 6.The Social Sectors, Poverty, ...
Page xii
... Rural Bank SC scheduled caste SICA Sick Industrial Companies Act SIDBI Small Industries Development Bank of India SEB State Electricity Board Securities and Exchange Board of India special import licence statutory xii ACRONYMS.
... Rural Bank SC scheduled caste SICA Sick Industrial Companies Act SIDBI Small Industries Development Bank of India SEB State Electricity Board Securities and Exchange Board of India special import licence statutory xii ACRONYMS.
Page 4
Company law and labour laws are other areas that cry out for reform, in vain. The same is true of agriculture, where trade is still largely controlled. The pace of Indian reform has certainly been slow. There are good economic arguments ...
Company law and labour laws are other areas that cry out for reform, in vain. The same is true of agriculture, where trade is still largely controlled. The pace of Indian reform has certainly been slow. There are good economic arguments ...
Page 11
... left a welter of laws and procedures which still seriously reduce the efficiency and flexibility with which private industry operates. Prominent are those which prevent firms being closed, and so generate the sick company problem.
... left a welter of laws and procedures which still seriously reduce the efficiency and flexibility with which private industry operates. Prominent are those which prevent firms being closed, and so generate the sick company problem.
Page 30
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Contents
| 1 | |
| 13 | |
3Fiscal Policy and Trade Policy | 63 |
4Financial Sector Reform | 109 |
5Industrial Policy and Factor Markets | 171 |
6The Social Sectors Poverty and Reform | 219 |
7Summary and Afterthoughts | 247 |
Bibliography | 267 |
Index | 277 |
Other editions - View all
India's Economic Reforms, 1991-2001 Joshi Vijay,Vijay Joshi,Ian Malcolm David Little,Little I M D Limited preview - 1996 |
India's Economic Reforms, 1991-2001 Joshi Vijay,Vijay Joshi,Ian Malcolm David Little Limited preview - 1996 |
Common terms and phrases
achieved agricultural allowed assets banks borrowing budget capital cent of GDP central Centre Chapter companies competition consider corporate cost countries crores current account deficit debt deposit direct discussed domestic economic effective efficiency employment enterprises estimates excise expenditure exports favour firms fiscal fiscal deficit foreign funds further given growth higher important improvement income increase India industry inflation inflows institutions interest interest rates investment issue labour lending less liberalization limit loans losses major measures Note operation output payments political poor poverty present primary problem production profitability programme promoters protection public sector raised reasons reduced reform regulation relative remain reserves restrictions result rise rural savings schemes securities share social structure subsidies suggested tariff taxation trade wages
Bibliographic information
| Title | India's Economic Reforms, 1991-2001 |
| Authors | Vijay Joshi, I. M. D Little |
| Publisher | Clarendon Press, 1996 |
| ISBN | 0191521833, 9780191521836 |
| Length | 298 pages |
| Subjects | › › Business & Economics / Development / Economic Development Political Science / Public Policy / Economic Policy |
| Export Citation | BiBTeX EndNote RefMan |