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. |
From inside the book
Results 1-5 of 60
Page vii
... concerned with stabilization and the fiscal deficits. The book went to press before the results of the national elections of 1996 were known. This page intentionally left blank Acknowledgements The UK Overseas Development Preface.
... concerned with stabilization and the fiscal deficits. The book went to press before the results of the national elections of 1996 were known. This page intentionally left blank Acknowledgements The UK Overseas Development Preface.
Page 2
One way or another the ground was sufficiently prepared to use the crisis as an occasion for embarking on a programme of reform whose pursuit would result in a radical transformation of the Indian economy. We are writing four and a half ...
One way or another the ground was sufficiently prepared to use the crisis as an occasion for embarking on a programme of reform whose pursuit would result in a radical transformation of the Indian economy. We are writing four and a half ...
Page 7
First, there is by now evidence not only from India but also from most other countries that the bureaucratic and political regulation of publicly owned enterprises results in an inefficient use of resources. It has proved impossible to ...
First, there is by now evidence not only from India but also from most other countries that the bureaucratic and political regulation of publicly owned enterprises results in an inefficient use of resources. It has proved impossible to ...
Page 8
No one any longer believes in high indiscriminate protection of domestic industry as essential for general industrial promotion. It is recognized that this results in a pattern of industrialization that is biased against exports, ...
No one any longer believes in high indiscriminate protection of domestic industry as essential for general industrial promotion. It is recognized that this results in a pattern of industrialization that is biased against exports, ...
Page 9
The result was an explosion of exports of labour intensive products from 1963–73. The prime example and period of selective protection and promotion was the 'heavy and chemical industries' drive from 1973–79 in South Korea.
The result was an explosion of exports of labour intensive products from 1963–73. The prime example and period of selective protection and promotion was the 'heavy and chemical industries' drive from 1973–79 in South Korea.
What people are saying - Write a review
We haven't found any reviews in the usual places.
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 |