Liberalisation and Globalisation of Indian Economy

Liberalisation and Globalisation of Indian Economy
Author: Ed. K.R. Gupta
Publisher: Atlantic Publishers & Dist
Total Pages: 320
Release: 2008-03
Genre: Economic development
ISBN: 9788126909438

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Contributed articles.

Economic Liberalisation in India

Economic Liberalisation in India
Author:
Publisher: APH Publishing
Total Pages: 408
Release: 1995
Genre: India
ISBN: 9788170246954

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Contributed articles.

Liberalisation and Globalisation of Indian Economy

Liberalisation and Globalisation of Indian Economy
Author: Ed. K.R. Gupta
Publisher: Atlantic Publishers & Dist
Total Pages: 396
Release: 2005
Genre:
ISBN: 9788126904945

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In India, The Move Towards Globalisation And Free Trade Coincided With The Process Of Structural Reforms And Economic Liberalisation That Began In July 1991. Since Then The Country Has Seen A Significant Integration Of Markets In Commodity, Services, Finance And Technology With Other Countries. Right At The Outset Of Globalisation, Some Persons In India Like Those In Other Developing Countries Were Against This New Trend, Perceiving It As Elite-Driven And Incapable Of Bringing Qualitative Change In Peoples Lives. Fear Of Lagging Behind In The Race With The Advanced Countries, Which Would Ultimately Capture A Lion S Share In The Global Market, Had Further Led Some People To Oppose Globalisation.But The Present Scenario Is Altogether Different. India S Apprehensions About Globalisation Have Been Removed To Some Extent. Economic Liberalisation Has Paved Way For Rapid Technological Progress For India While Globalisation Has Given Its Young Talent Vast Employment Opportunities In America And Europe. Today, India Has Become A Big Market For Multinational Giants. There Is Hardly A Big-Name Company That Is Not Outsourcing To India. India Has Developed Several Hubs Of Information Technology-Enabled Services, Business Process Outsourcing, Research & Development, Pharmaceuticals And Telecommunication. On The Contrary, The Advanced Countries Like The United States Are Now Fearing Globalisation Because They Are Losing Jobs In The International Corporate World To Indian Technical Experts. Globalisation And Liberalisation Have Brought New Opportunities In Our Country In Trade, Business, Services And Employment. The Atmosphere Is Vibrant. The Younger Generation Is Educated, Talented And Ambitious. The Opening Of International Markets Has Led To Earnest Endeavours To Improve Product Quality To Secure Marketing. Internationalisation And Privatisation Of Education Has Led To Updating Of Curriculum And Bring Technical Manpower That Would Implement The Latest Technology In Manufacturing And Servicing. The Globalisation Should Be Made An Instrument Of Rapid Economic Development In A Way That Its Benefits Reach All Regions Of The Country And All Sections Of Society.The Volume Has Wide Coverage Including In Its Spectrum The Structural Changes In The Indian Economy. Contributors To This Volume Have Not Only Recognised The Reality Of Globalisation As A Process Of Change But Have Also Comprehensively Dealt With The Major Issues And Concerns For India In The Context Of Globalisation. The Papers Closely Examine Important Implications And Impact Of Liberalisation And Globalisation Measures Taken By The Government In Recent Years.It Is Hoped That The Book Would Be Found Useful By The Researchers And Students Of Economics, Businessmen, Government Executives, Parliamentarians And Legislators, Concerned With The Formulation And Execution Of Economic Policies, And The General Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.

Economic Reform and the Liberalisation of the Indian Economy

Economic Reform and the Liberalisation of the Indian Economy
Author: Richard Tregurtha Shand
Publisher: Edward Elgar Publishing
Total Pages: 436
Release: 2003
Genre: Business & Economics
ISBN:

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A decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalised economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced growth. This important new book gauges how far India has been successful in achieving this goal by implementing the correct economic reform measures. There is a severe lack of solid analytical evidence or rigorous scientific studies on the success of India's economic reforms. The expert authors attempt to redress this imbalance with a thorough analysis of key aspects of the state of the Indian economy since 1991. Keeping poverty reduction as the major objective, they comprehensively discuss and identify further reform measures which are vital in the monetary, fiscal and agriculture sectors in order to maintain and improve the momentum of growth. When compared with East Asian countries including China, India's lacklustre growth performance indicates that the task of reform is far from over. The authors argue that India needs to pursue its reform process much more vigorously at both the central and state levels in order to achieve its full growth potential. Providing a comprehensive assessment of the impact of economic reforms in India, this book will appeal to policymakers, researchers and students with an interest in developing economies. Political scientists as well as economists in the fields of liberalisation and international development will also find this an engaging and enlightening volume.

Liberalization and Economic Performance of the Informal Sector

Liberalization and Economic Performance of the Informal Sector
Author: Indrajit Bairagya
Publisher: Routledge
Total Pages: 206
Release: 2014-10-03
Genre: Business & Economics
ISBN: 1317631773

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Impact of liberalization on informality has been a subject of intense debate for many years and the major issue that has come up is whether liberalization helps to grow informal sector and informality in the economy or it is an obstruction for informal sector’s growth. Thus, in the light of the recent liberalization measure, this book sets to examine general presumptions of the development of informal sector in the context of the Indian economy. The book begins with a broad framework for analysis of output contribution and growth of the informal sector. Liberalization is measured by openness indices and inter-sectoral linkages. Impact of liberalization on growth contributions of informal sector is captured by openness indices (i.e. degree of openness to trade and principal component scores), technical efficiency (measured by Data Envelope Analysis and estimated by Tobit Censored Regression model) and components of productivity (computed by Malmquist total factor productivity index) of the informal enterprises by inter-sectoral linkages. The linkages are modeled theoretically in a neo-classical growth theory and empirically measured by sub-contracting arrangements between formal and informal enterprises. In addition, the book also provides implications on promotion of informal sector from the viewpoint of employment generation. The description and analyses of the book will help with policy implications and enlighten the readers on the development of informal sector.

Political Economy, Growth and Liberalisation in India, 1991-2008

Political Economy, Growth and Liberalisation in India, 1991-2008
Author: Matthew McCartney
Publisher: Routledge
Total Pages: 257
Release: 2009-12-04
Genre: Business & Economics
ISBN: 1135178801

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This book examines the key period of liberalisation in India from 1991 to 2008. It analyses the relationship between growth and liberalisation and, in particular, the recent ‘miracle growth rate’ and its sustainability in the current Indian economic environment. This book is a significant contribution to the growing debate on economic growth and liberalisation, and the broader subject of economic development in India and other developing countries.

Indian Economy and Society in the Era of Globalisation and Liberalisation

Indian Economy and Society in the Era of Globalisation and Liberalisation
Author: Ali Mohammed Khusro
Publisher: Academic Foundation
Total Pages: 454
Release: 2005
Genre: Political Science
ISBN: 9788171884209

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A Tribute To The Great Economist Prof. A.M. Khusro. This Book Seeks To Address Issues Of Current Relevance - Agriculture. Land Reforms, And Anti-Poverty Programmes, Environment, Globalisation, Liberalisation And Trade, Macro Models And Growth, Population, Secularism And Religion.

Liberalisation and Globalisation of Indian Economy

Liberalisation and Globalisation of Indian Economy
Author: Ed. K.R. Gupta
Publisher: Atlantic Publishers & Dist
Total Pages: 360
Release: 2002
Genre:
ISBN: 9788126901586

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The Government Of India Has Recently Introduced A Number Of Second Generation Reforms. But Unfortunately It Has Not Been Possible To Keep Up The Desired Pace Because Of Resistance From The Opposition, And Also From Some Allies On Certain Matters. The Opposition Is Guided Mainly By Political Considerations Rather Than Economic Considerations.In Order To Face Competition In The Fast Opening World Market, Some Of The Needed Reforms Are Likely To Adversely Affect The Economic Well-Being Of The Underprivileged Classes Particularly In Rural Areas And Those Engaged In The Small Scale Sector. Ten Years Of Economic Reforms Have Not Generated Adequate Employment. In Order To Mitigate Such Adverse Effects, Outlay Should Be Considerably Increased In The Rural Areas. This Increased Expenditure Should Be On Building Infrastructure And Other Assets And Not On Subsidies Guided By Political Considerations. Primary Education And Health Services Need Considerably Enhanced Outlays. Safety Valves In The Form Of Comprehensive Social Security Network Are Very Essential For Avoiding Tensions In Society And Lessening Opposition To Reforms.The Volume Has A Wide Coverage And Includes Papers Written By Nineteen Economists Spread Over The Whole Country. The Papers Closely Examine Important Implications And Impact Of Liberalisation And Globalisation Measures Taken By The Government In Recent Years.It Is Hoped That The Book Will Prove Very Useful To The Researchers And Students Of Economics, Businessmen, Government Executives Concerned With The Formulation And Execution Of Economic Policies, Parliamentarians And Legislators, And The Common Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.

India's New Economic Policy

India's New Economic Policy
Author: Waquar Ahmed
Publisher: Routledge
Total Pages: 468
Release: 2010-10-04
Genre: Business & Economics
ISBN: 1136936912

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Conventional interpretations of the New Economic Policy introduced in India in 1991 see this program of economic liberalization as transforming the Indian economy and leading to a substantial increase in the rate of India’s economic growth. But in a country like India, growth is not enough. Who benefits from the new growth regime, and can it significantly improve the conditions of livelihood for India’s 800 million people with incomes below $2.00 a day? This edited volume looks at international policy regimes and their national adoption under strategic conditions of economic crisis and coercion, and within longer-term structural changes in the power calculus of global capitalism. The contributors examine long-term growth tendencies, poverty and employment rates at the national level, regional level and local levels in India; the main growth centers; the areas and people left out; the advantages and deficiencies of the existing policy regime, and alternative economic policies for India. Bringing together the leading figures in the discussion on India’s economic policy, this volume is the authoritative critical study of India’s New Economic Policy.

The Routledge Handbook of Post-Reform Indian Economy

The Routledge Handbook of Post-Reform Indian Economy
Author: Rajesh Raj S. N.
Publisher: Taylor & Francis
Total Pages: 592
Release: 2021-11-26
Genre: Business & Economics
ISBN: 1000459322

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This handbook presents a comprehensive study of the post-reform Indian economy, three decades after the economic liberalization started in the early 1990s. It studies the broad range of changes that were introduced in the reforms era, assessing their impact on sectors like manufacturing, agriculture, banking and finance, among others. It also assesses the performance of these sectors amid globalization and the socio-economic shifts in the country. The volume evaluates the contribution of the reforms to social transformation, social inclusion, sustainability and human development, and deliberates on the gains, blind spots and limitations. With contributions from scholars across the country, case studies and comparative analyses that draw on data analysis, econometric evidence and historical sensibility, this is an authoritative volume on the reforms of the 1990s and their impact on the Indian economy and people. Topical and the first of its kind, the book will be a useful resource for scholars and researchers of economics, development studies, political economy, management studies, public policy and political studies.