Download or read book India at the Crossroads Sustaining Growth and Reducing Poverty written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 2001-02-15 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors examine the numerous structural and policy changes Indian authorities have adopted since the 1991 balance of payments crisis; how these changes helped India weather the Asian financial crisis of 1997-98; the risks to fiscal sustainability and their implications for growth; the challenges facing monetary policy in the face of financial market liberalization; and the benefits of structural reform and fiscal policy for growth, poverty, and the reduction of regional disparities.
Download or read book India written by Manuela Ferro and published by . This book was released on 2003 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Report Will Be Useful For Policy-Makers, Planners, Government Agencies And Ngos. Further It Will Be Of Use To Teachers And Students Of Economics, Those In Business And Finance, And Journalists And General Readers Interested In India`S Post-Reforms Development.
Download or read book Poverty Alleviation in the Third World written by Sita Ram Singh and published by APH Publishing. This book was released on 2005 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: With particular reference to India.
Download or read book Job Creation and Poverty Reduction in India written by Sadiq Ahmed and published by SAGE Publications Pvt. Limited. This book was released on 2007-12-18 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid growth since 1980 has transformed India the 50th ranked economy in nominal US dollars to the 12th largest in the world in 2003. When income is measured with regard to purchasing power parity, the Indian economy occupies fourth place, after the United States, Japan, and China. Along with growing incomes, India’s increasingly outward orientation and the growing optimism about its economy has led to a surge in international investors interest. At the same time evidence suggests that income inequality is rising and the gap in average per capita income between the rich and poor states is growing. This book of collected articles provides an in-depth treatment of growth and employment issues in India. It reviews India’s long-term growth experience, emerging constraints and challenges, and the way forward for sustaining rapid growth along with more and better employment. Specifically, the book identifies ways in which the investment climate can be further improved to raise productivity and reduce the cost of doing business, thereby promoting domestic and foreign private investment. It looks at the growth and productivity challenges in agriculture and suggests policies that will help raise farm productivity and incomes. Higher farm productivity and incomes along with more and better non-farm jobs will reduce poverty at a faster pace than in the recent past. It explains the reason for the low overall employment elasticity of past growth and why there has been limited expansion of good jobs, and concludes by suggesting reform option for increasing employment.
Download or read book India written by World Bank and published by Oxford University Press, USA. This book was released on 2000 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: India - Reducing Poverty, Accelerating Development is the World Bank report on India for 2000, focusing on poverty reduction and sustainable development.
Download or read book India written by World Bank The and published by World Bank Group. This book was released on 2000 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reducing poverty, and providing for minimum needs, is the ultimate yardstick against which to measure development. To this end, the study outlines India's growth rate, improved social indicators, and poverty reduction since the 1970s, but specifies that, despite this progress, poverty is a serious concern, where social indicators remain below comparator countries. Human development is examined, focusing on social indicators, stating the delivery of health and education is fraught with limited accountability for performance and with low management capacity. Governance is critical to development, but the country's inadequate and adverse factors hinder the development of public administration, instead, performance incentives, and accountability within a downsized civil service, effective financial management, and decentralization should be pursued. Infrastructure should attract private investments, but the perverse impact of subsidies preclude the provision of private services. However, regulatory agencies are imperfect alternatives to competition, but corporatization would be an essential step in attracting the private sector. The study further reviews deregulation to increase trade growth and improve labor market flexibility. Conclusions call for reforms, arguing it would lead to higher growth, favorable balance of payments, and further capital inflows, including foreign direct investments.
Download or read book India Rising written by Gaobo Pang and published by World Bank Publications. This book was released on 2007 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past 25 years, India's economy grew at an average real rate of close to 6 percent, with growth rates in recent years accelerating to 9 percent. Yet by 2005-06, the general government debt-to-GDP ratio was 34 percentage points higher than in the 1980s. The authors examine the links between public finances and growth in the post-1991 period. They argue that the main factor in the deterioration of government debt dynamics after the mid-1990s was a reform-induced loss in trade, customs, and financial repression taxes. Over time, these very factors plus lower entry barriers have contributed to stronger microfoundations for growth by increasing competition and hardening budget constraints for firms and financial sector institutions. The authors suggest that the impressive growth acceleration of the past few years, which is now lowering government indebtedness, can be attributed to the lagged effects of these factors, which have taken time to attain a critical mass in view of India's gradual reforms. Similarly, the worsening of public finances during the late 1990s can be attributed to the cumulative effects of tax losses, the negative growth effects of cuts in capital expenditure that were made to offset the tax losses, and a pullback in private investment (hence, growth and taxes), a situation which is now turning around. Insufficient capital expenditures have contributed to the infrastructure gap, which is seen as a constraint especially for rapid growth in manufacturing. The authors discuss ongoing reforms in revenue mobilization and fiscal adjustment at the state level, which if successfully implemented, will result in a better alignment of public finances with growth by generating further fiscal space for infrastructure and other development spending.
Download or read book India why fiscal adjustment now written by Brian Pinto and published by World Bank Publications. This book was released on 2004 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sri Lanka written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-09-26 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper focuses on the fiscal position of Sri Lanka. The standard analysis shows that, prior to the adjustment announced in the 2002 budget, fiscal policy was clearly unsustainable, leading to a rising debt-to-GDP ratio. The paper looks at external debt and complements the analysis of the public debt dynamics. The baseline scenario shows that debt ratios decline significantly in the medium term, as a result of strong growth founded on renewed peace and political stability, far-reaching structural reforms, and stable macroeconomic conditions.
Download or read book India Goes Global written by MissCatriona Purfield and published by International Monetary Fund. This book was released on 2006-08-29 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past few years, India has emerged as a global economic power. It is one of the world’s fastest-growing economies, the leading outsourcing destination, and a favorite of international investors. But even with India’s impressive recent achievements, the country continues to face considerable challenges as it seeks to sustain rapid growth and extend the benefits to all its citizens. Is India entering into a "Golden Age" or experiencing a period of rapid but ultimately unsustainable growth? The studies in this book examine in detail what lies behind India’s recent economic rise and considers the steps needed to build on this success over the medium term.
Download or read book Economic Growth and Income Disparity in BRIC written by Monica Das and published by World Scientific. This book was released on 2013 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is not necessarily true that such income transfers would invariably reduce growth rates. The relationship between economic growth and income inequality depends on certain initial conditions. For instance, if the initial distribution of income is fairly unequal, growth induces greater equality. On the other hand, at high levels of per capita incomes, growth may raise inequality if the initial level of inequality is not very high. This brings a new dimension in the "inverted-U hypothesis." Based on econometric modeling of growth-inequality nexus, the book examines the patterns of growth and economic disparities in BRIC countries over long periods of time, including the recent high growth phase. Two inequality measures applied in this study are Gini coefficient and Theil's entropy measures, depending on data availability. Attempts have been made to identify the sources of inequality and the role of initial conditions in determining the patterns of development.
Download or read book Development Disparities in India written by Arpita Banerjee and published by Springer. This book was released on 2015-06-17 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the development disparities in India and considers three complex areas of development – economic wellbeing, human progress and agricultural development – over a period of forty years since the 1970s. The novelty of the book lies in is its rich analytical foundation and the use of sophisticated statistical and economic tools to determine the causes of socioeconomic disparity between Indian states. The trends of inequality, polarization and disparity are highlighted with regard to income, human development indicators and agricultural production and productivity. The book also identifies the factors underlying divergence in economic and social activity in India and provides policy suggestions for bringing about more balanced and inclusive development in India.
Download or read book Explaining South Asia s Development Success written by Sadiq Ahmed and published by World Bank Publications. This book was released on 2006-01-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has performed well over the past 25 years in reducing poverty, improving human development and increasing growth, but faster progress with poverty reduction will require a higher rate of growth. This book shows that the development performance is not a puzzle but largely explained by good policies. Countries in the region have maintained good macroeconomic environments, opened up their economies to greater domestic and international competition, and reduced the role of corrupt and inefficient public enterprises.
Download or read book India s Economic Growth written by J. K. Sengupta and published by Springer. This book was released on 2005-10-21 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines new policies for accelerating India's economic growth. This book discusses a set of dynamic strategies for growth, emphasizing the dynamic role of information technology and the New Economy. These show how new growth and the historical experiences of fast-growing Asian countries can be utilised for a new growth paradigm in India.
Download or read book Development and Economic Growth in India written by Biswa Swarup Misra and published by Taylor & Francis. This book was released on 2022-12-30 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Notwithstanding the improved growth performance of India, development disparity across its states has widened in the first two decades of the 21st century. This book examines development drivers of Indian states and what the necessary course corrections could be to achieve balanced regional growth. The book begins with a discussion on the evolution of growth and inequality across the states and delves into decomposing growth. It looks at three broad themes which are decomposition of growth and determinants of TFP, impact of Infrastructure on growth and inequality, and the institutional dimension of growth and explains why they are pivotal for sustainable growth in Indian states. This book will be a useful reference to those interested in understanding growth and inequality in India.
Download or read book Growth Convergence and Spillovers among Indian States written by Sanjay Kalra and published by International Monetary Fund. This book was released on 2010-04-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Convergence and spillovers across countries and within countries are old, but recurrent policy concerns, and India is no exception to this rule. This paper examines convergence and spillovers across Indian states using non-stationary panel data techniques. Results on convergence among Indian states are generally found to be similar, but more nuanced, than previous studies. Generally speaking, there is evidence of divergence over the entire sample period, convergence during sub-periods corresponding to structural breaks, and club convergence. There is strong evidence of club convergence among the high- and low-income states; the evidence for middle-income states is mixed. Dynamic spillover effects among states are small.
Download or read book Reviving Growth in India written by Pradeep Agrawal and published by Cambridge University Press. This book was released on 2015-03-26 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the latest research findings from leading economists from India and abroad on ways to revive and sustain higher growth rates in India. Divided into five parts, the first part empirically examines the various factors that affect poverty and shows that growth is crucial to poverty reduction. The second part investigates the factors responsible for sustaining industrial growth including skill formation and innovation. Part III analyses the critical role of monetary policy and shows that it is not very effective in the presence of commodity price shocks and supply constraints. It explains why RBI could not effectively control inflation and why the government must play a crucial supporting role in controlling inflation. Part IV then analyses various supply constraints to growth including agriculture, energy security, social and physical infrastructure and discusses how to deal with them effectively. Part V analyses the labour and financial market policies.
