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 xi
... insurance, and freight consumer price index central public sector enterprise cash reserve ratio central sales tax Development Finance Institution Department of Telecommunications Employment Assurance Scheme Export Promotion Capital ...
... insurance, and freight consumer price index central public sector enterprise cash reserve ratio central sales tax Development Finance Institution Department of Telecommunications Employment Assurance Scheme Export Promotion Capital ...
Page xii
... Restrictive Trade Practices NABARD National Bank for Agriculture and Rural Development NAS National Accounts Statistics NFPS non-financial public sector NIPFP National Institute for Public Finance and Policy NPA non-performing asset ...
... Restrictive Trade Practices NABARD National Bank for Agriculture and Rural Development NAS National Accounts Statistics NFPS non-financial public sector NIPFP National Institute for Public Finance and Policy NPA non-performing asset ...
Page 4
This was true both overall, and for most sectors. What was to be the extent of public ownership? What was the envisaged structure of ... What framework was envisaged for social sector and welfare expenditures? A corollary of the lack of ...
This was true both overall, and for most sectors. What was to be the extent of public ownership? What was the envisaged structure of ... What framework was envisaged for social sector and welfare expenditures? A corollary of the lack of ...
Page 6
both the Prime Minister and the Congress Party that he and it dare not challenge any of the main interest groups, even those such as the public sector trade unionists, who have little voting power, but who can cause serious short-term ...
both the Prime Minister and the Congress Party that he and it dare not challenge any of the main interest groups, even those such as the public sector trade unionists, who have little voting power, but who can cause serious short-term ...
Page 7
It must also be noted that these basic services are not public goods. The private sector can and does produce them. The state may ensure provision either by its own institutions, or by financing access to private ones.
It must also be noted that these basic services are not public goods. The private sector can and does produce them. The state may ensure provision either by its own institutions, or by financing access to private ones.
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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 |