Download or read book Growth Cycles in the Indian Economy written by V. S. Chitre and published by . This book was released on 1982 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Indicator Approach to Business and Growth Rate Cycles written by Pami Dua and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last few decades, the Indian economy has experienced both classical business cycles and the cyclical fluctuations in its growth rate known as growth rate cycles. In the years since the liberalization of the economy began, these cycles have been driven more by endogenous factors than by exogenous shocks. From the point of view of both policy makers and business, therefore, it is important to find a way to predict Indian recessions and recoveries, along with slowdowns and speed-ups in growth. This paper adopts a classical leading indicator approach to the problem. In earlier work (Dua and Banerji, 1999), we used the classical NBER approach to determine the dates of Indian business cycles and growth rate cycles. These dates are used as the reference chronology against which to evaluate the performance of potential leading indicators for the Indian economy. The indicators selected are combined into a composite index of leading economic indicators, designed to anticipate business cycle and growth rate cycles upturns and downturns. Given the paucity of suitable data for the Indian economy, the construction of such a leading index constitutes a significant advance. It also confirms that that the durable sequences of leads and lags seen in free market economies are now also evident in the Indian case, permitting useful forecasts of cyclical turning points.

Download or read book Indian Economic Review written by and published by . This book was released on 2001 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Indian Business Cycle Chronology An Update written by Anurag Bavaria and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an update on the business cycle and growth rate cycle chronology of the Indian economy by identifying the peaks and troughs in the quarterly released real GDP time series. The results reveal that the Indian economy witnessed three classical contractions and nine growth rate deceleration phases between April 1996 and March 2021. Other business cycle features, viz., duration, amplitude and sharpness are also derived. The results confirmed the existence of long expansions and short contractions as per the classical approach. The growth rate cycle of India, however, displays symmetric nature with similar duration, amplitude and sharpness being observed in acceleration as well as deceleration phases. Further, this study makes an attempt to contribute to the dating methodology by highlighting the defects in them and thereby proposing modifications to rectify the defects.

Download or read book Indian Economy written by K. R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2008 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: At The Time Of Attainment Of Independence, The Indian Economy Was In A Bad Shape. Centuries Of Exploitative Rule By The British Had Drained India Of Its Wealth. The Realization Of The Need For Resurrecting The Indian Economy Had Dawned Upon Our Leaders Even Before Independence. The National Planning Committee (Npc) Was Constituted In 1938 To Study Various Aspects Of Economic Development. After Independence, The Planning Commission Was Set Up In 1950 To Assess The Country S Needs For Material Capital And Formulate Economic Plans.During The Initial Years Of Planning Major Thrust Was To Develop Heavy And Basic Industries To Reduce The Country S Dependence On Import Of Machinery And Equipment, And Initiate Self-Sustained Long-Term Growth. The Progress Under The Nehru-Mahalanobis Model Of Growth Which Continued Upto The 1980S Was Slow. The 1990S Saw Major Shifts In Economic Policies With The Introduction Of Privatization And Liberalization In The Form Of Industrial Delicensing And Opening Up Of Indian Economy To International Trade. The Economic Reforms, Together With The Adoption Of New Technologies And Building Up Of Infrastructure, Have Led To A High Annual Gdp Growth Rate Of Over Eight Per Cent For The Last Three Years. Nearly All Economic Indicators Are In The Positive Zone.Paradoxically, However, The Country Is Experiencing Shortages In Amenities, Infrastructure And Essential Services. The Basic Objectives Of Alleviation Of Poverty, Generation Of Adequate Employment Opportunities And Removal Of Inequalities Of Income And Wealth Have Not Been Realized. Growth Is, By And Large, Confined To Our Urban Areas.The Book Studies The Structure And Features Of Indian Economy And Analyses All The Important Issues Relating Thereto. It Includes Latest Facts And Figures. It Will Be Useful To The Economists, Government Executives, Parliamentarians And Legislators To Frame Effective Policies. The Coverage And Treatment Of The Subject Will Immensely Help Students Of Economics And The Aspiring Candidates Of Various Competitive Examinations.

Download or read book Economic Developments In India Annual Subscription 2007 Analysis Reports Policy Documents written by Editors : Uma Kapila & Raj Kapila and published by Academic Foundation. This book was released on 2007 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Studies in Indian Economy written by K. R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2005 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Recent Years India Has Made All-Round Rapid Progress. The Performance Of The Indian Economy In 2004-05 So Far Has Exceeded Expectations Formed At The Beginning Of The Year. According To The Advance Estimate Of The Central Statistical Organisation (Cso) Released On February 7, 2005, The Economy Is Likely To Grow 6.9 Per Cent In 2004-05.In Spite Of Fast Advancement In Several Fields, India Is Still Suffering From A Large Fiscal Deficit Which Has Risen To An Alarming Level. During The Year 2004-05, The Fiscal Deficit At The Centre Stood At A Whopping Sum Of Rs.1,51,144 Crore, I.E. 4.4 Per Cent Of The Gross Domestic Product (Gdp). The Revenue Deficit Amounted Rs.95,312 Crore. The Curve Of Fiscal Deficit Has Risen Sharply From The Year 1997-98 Mainly Because Of Expenditure On Current Account. The Main Reasons For This Alarming Fiscal Deficit Are: Populist Measures Of The Central And State Governments, Like Subsidies On Kerosene Oil, Diesel, Petroleum, Gas, Fertilisers, Power For Agriculturists, Large Losses Of Public Sector Undertakings, Interest Payment On Ever-Increasing Public Debt, Increase In Salaries And Pensions Resulting From The Recommendations Of Pay Commissions, Etc. The Global Rating Agency Standard And Poor S (S & P) Has Stated That Even The Union Budget 2005-06 Shows A Lack Of Success In Reducing The Country S Deficit Burden.It Is Hoped That The Book Would Be Found Useful By The Researchers And Students Of Economics, Businessmen, Government Executives Concerned With The Formulation And Execution Of Economic Policies, Parliamentarians And Legislators, And The General Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.

Download or read book Economic Developments in India Monthly Update Volume 67 Analysis Reports Policy Documents written by Editors : Raj Kapila & Uma Kapila and published by Academic Foundation. This book was released on 2003 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.

Download or read book Forecasting Financial Markets in India written by Rudra Prakash Pradhan and published by Allied Publishers. This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the Forecasting Financial Markets in India, held at Kharagpur during 29-31 December 2008.

Download or read book Business Cycles and Economic Growth written by Pami Dua and published by Oxford University Press, USA. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays In The Book Discuss Issues Related To The Analysis Of Business Cycles And The Use Of Leading Indicators To Product Turn Prints-Peaks And Troughs Of Economic Activity. Reinforce The Relevance Of Business Cycle. Contributors Are Notable Economics And Practioners Including Nobel Laureates. Divided Into 4 Parts-16 Papers In All.

Download or read book Changing the Indian Economy written by Rama P. Kanungo and published by Elsevier. This book was released on 2018-05-31 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing the Indian Economy: Renewal, Reform and Revival explores the fact that post-Modi India is witnessing unprecedented socioeconomic change, truly labeled as Modi’s Mantra and his attempts to morph the Indian economic landscape. India is using an intelligent economic process for its renewal and growth, however, in a recent study by Nomura, 2016, The Japanese Financial Services firm, it is reported that there is downside risk to India’s baseline forecast of 7.8 per cent GDP growth in 2016. Although the report suggests that there was a mid-cycle consolidation in mid-2014, the recovery seems to be losing momentum. This book offers a novel, but inclusive outlook to the entire post-Modi economic overhaul. Offers a comprehensive narrative of the current economic scene in India Explores how the measures for reform are intelligent, while also considering their weaknesses Shows how India has a strong potential to grow amidst diversity of economic reforms and changing governance Includes a compilation of insightful articles on Indian economic reform and future prospects

Download or read book Economic Growth in India written by Pulapre Balakrishnan and published by Oxford University Press. This book was released on 2010-08-04 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study of economic growth in India is both an interpretation of its trajectory since 1950 and an evaluation of its prospects in the near future. It is marked by theoretical integrity, historical perspective, thick description, discriminating use of econometrics, and definitive conclusions. Commencing with a favourable appraisal of the growth record of early independent India and an account of how this advantage was lost, the author proceeds to argue that by now it is more than just delayed liberalizing reforms that stand in the way of sustained double-digit growth rates. The prospects for high long-term growth in India are instead linked to the progress in the areas of agriculture and education, particularly schooling. Further, the author proposes that achieving inclusive growth, currently high on the Indian government's agenda, would be not merely politically rewarding but pivotal to maintaining the dynamism of the economy. The possibility of such an outcome, he shows, is tied more to the state's capacity to govern our public institutions than to its command over resources. To that extent the future of growth in India lies as much in the space of politics.

Download or read book India s Economic Development Since 1947 written by Uma Kapila and published by Academic Foundation. This book was released on 2009 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a basic understanding of India's economy, this guide addresses topics such as growth, policy regime changes, unemployment, macroeconomic stabilization, agriculture, and development prospects.

Download or read book The Leading Economic Indicators and Business Cycles in the United States written by John B. Guerard and published by Springer Nature. This book was released on 2022-07-06 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a time of unprecedented economic uncertainty, this book provides empirical guidance to the economy and what to expect in the near and distant future. Beginning with a historic look at major contributions to economic indicators and business cycles starting with Wesley Clair Mitchell (1913) to Burns and Mitchell (1946), to Moore (1961) and Zarnowitz (1992), this book explores time series forecasting and economic cycles, which are currently maintained and enhanced by The Conference Board. Given their highly statistically significant relationship with GDP and the unemployment rate, these relationships are particularly useful for practitioners to help predict business cycles.

Download or read book The Stages of Economic Growth written by W. W. Rostow and published by . This book was released on 2017-10-18 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2017 Reprint of 1960 First Edition. Full facsimile of the original edition, not reproduced with Optical Recognition software. In the text Professor Rostow gives an account of economic growth based on a dynamic theory of production and interpreted in terms of actual societies. Five basic stages of economic growth are distinguished with detailed discussions of each stage including illustrative examples. Rostow also applies the concept of stages of growth to an examination of the problems of military aggression and the nuclear arms race. The final chapter includes a comparison of his non-communist manifesto with Marxist theory. Remains a classic text on the subject.

Download or read book The Indian Economy in Transition written by Anjan Chakrabarti and published by Cambridge University Press. This book was released on 2015-10-22 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal, materializing out of the new emergent triad of neo-liberal globalization, global capitalism and inclusive development. This is how the book theorizes the structural transformation of the Indian economy in the twenty-first century. Through this framework, it interrogates and critiques the given debates, ideas and policies about the economic development of a developing nation.