A Concise Handbook of the Indian Economy in the 21st Century, Second Edition

A Concise Handbook of the Indian Economy in the 21st Century, Second Edition
Author: Ashima Goyal
Publisher: Oxford University Press, USA
Total Pages: 480
Release: 2019-10-23
Genre:
ISBN: 9780199496464

After liberalization in the 1990s, growth rates were higher but were more volatile. The countries that did manage to sustain a high rate of growth followed a pragmatic reform path, which was neither a pure market nor a government-led approach. However, such pragmatic reform requires a deep knowledge of the economy derived from careful fact-based research. This volume contributes to the required knowledge on a range of issues such as drivers of growth, domestic reforms compared to external reforms, macroeconomic policy coordination, macroeconomic policy institutions and practices, the effect of openness and of global economic integration, poverty and the degree of inclusion, bottlenecks in infrastructure, and the performance of major sectors such as agriculture, industry and finance. The essays provide a finer understanding of the interaction between domestic strengths, external opportunities and government interventions.

A Concise Handbook of the Indian Economy in the 21st Century, Second Edition

A Concise Handbook of the Indian Economy in the 21st Century, Second Edition
Author: Ashima Goyal
Publisher: Oxford University Press
Total Pages: 338
Release: 2019-09-06
Genre: Business & Economics
ISBN: 0199098166

After a phase of slow growth post Independence, the Indian economy has experienced significant changes since the mid-1980s as a result of major reforms. India’s growth story has defied established economic patterns and, in the process, created interesting paradoxes that have attracted global attention. In this new edition of A Concise Handbook of the Indian Economy in the 21st Century, select chapters from the original have been updated to present a brief but comprehensive overview of the Indian economy, contributing to a finer understanding of India’s economic development. The volume adopts a non-ideological and forward-looking approach to discuss important economic issues. It takes into account various social and political factors impacting the Indian economy, and compares the importance of external market factors with that of domestic reforms in India’s economic growth. The book aims to provide a deep understanding of the economy based on careful fact-based research, which is a pre-requisite for formulating pragmatic reforms necessary to achieve sustained and inclusive growth.

The Oxford Handbook of the Indian Economy in the 21st Century

The Oxford Handbook of the Indian Economy in the 21st Century
Author: Ashima Goyal
Publisher: Oxford Handbooks
Total Pages: 0
Release: 2014
Genre: Business & Economics
ISBN: 9780198097532

After experiencing stagnation for much of the post-independence period, India has shown considerable dynamism in processes and outcomes since the mid-eighties. The post-reform Indian Economy has defied established economic patterns and in the process created a few paradoxes. This book aims to identify policies, institutions and incentives that have worked, and constraints that have emerged in India's growth prospects. More than underdevelopment, the book analyses the bottlenecks that emerge as change occurs, to minimize the chances of being trapped into the dated habits of thought. It takes opportunity from rapidly transforming Indian economy to analyse out-of-equilibrium behaviour and understand the dynamics of non-conventional growth path.

India's Economy in the 21st Century

India's Economy in the 21st Century
Author: Raj Kapila
Publisher: Academic Foundation
Total Pages: 444
Release: 2002
Genre: Business & Economics
ISBN: 9788171882663

This Second Revised And Enlarged Edition: 2002 Provides A Good Insight Into The Current State Of Indian Economy, Highlighting The Challenges Of The Growth Process And Opportunities Covering The Areas Of The Economy, Banking And Finance, Agriculture, Industry And Infrastructure And The External Sectory.

The Oxford Handbook of the Indian Economy

The Oxford Handbook of the Indian Economy
Author: Chetan Ghate
Publisher: Oxford University Press
Total Pages: 984
Release: 2012-02-02
Genre: Business & Economics
ISBN: 0199921164

India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. Its rapid growth, however, has been accompanied by widening regional disparities, poverty, malnutrition, and socio-political instability. Understanding India's dualistic development process and the emergence of the Indian economic miracle are crucial in solving the obstacles India faces in transforming itself into a modern 21st-century economy. The Oxford Handbook of the Indian Economy features research on core topics by leading scholars to understand the Indian economic miracle and the key debates confronting the Indian economy. The Handbook moves beyond traditional boundaries by featuring areas of research that will be important in the future, setting an academic standard for current and future research on the Indian economy. The Handbook is divided into eight major sections featuring expert contributions on a host of issues. These range from India's historical development before and after 1947; tackling poverty through innovative public policy; industrialization; health, education, and the demographic transition; governance and institutional reform; macroeconomic policy reform; and India's interaction with the world economy. A final Looking Ahead chapter reflects upon an agenda for economic research in the 21st century. Ambitious in scope, diverse in its coverage of topics, and a rare unified and comprehensive treatment of India's complex and dynamic development process, The Oxford Handbook of the Indian Economy is a must-read for both researchers who are new to the field, as well as those who want to update and extend their knowledge to the frontier of the field.

India's Economic Policy

India's Economic Policy
Author: Bimal Jalan
Publisher: Penguin UK
Total Pages: 243
Release: 2000-10-14
Genre: Literary Collections
ISBN: 9351187799

A lucid and brilliantly-argued book on India's recent economic reforms Nearly fifty years after independence, India remains a very poor country. It ranks near the bottom in terms of per capita income, and is similarly placed in the Human Develoent Index which measures social well-being. Economic growth in India has been less than half that of China or even other countries in Asia. And governments, at the Centre as well as in the states, are close to insolvency. The reason for our spectacular underachievement lies in the continuation of policies which had a certain validity as a response to the colonial experience, but which have long outlived their usefulness. The global economic scene has changed dramatically since they were formulated, and we must respond to the new realities. Bimal Jalan, the well known economist and present Governor of the RBI, in this lucid and well-argued book, makes a case for governments doing what they alone can best do, and less of what they cannot do effectively.

Macroeconomics and Markets in Developing and Emerging Economies

Macroeconomics and Markets in Developing and Emerging Economies
Author: Ashima Goyal
Publisher: Routledge
Total Pages: 331
Release: 2016-11-03
Genre: Business & Economics
ISBN: 1315398567

The book presents and further develops basic principles and concepts in international finance and open economy macroeconomics to make them more relevant for emerging and developing economies (EDEs). The volume emphasises the necessity of greater knowledge of context as populous Asian economies integrate with world markets, as well as the rapidly changing nature of the area due to rethinking after the global financial crisis. It addresses a host of themes, including key issues such as exchange rate economics, macroeconomic policy in an open economy, analytical frameworks for and experience of EDEs after liberalisation, the international financial system, currency and financial crises, continuing risks and regulatory response. This book will be useful to scholars and researchers of economics, especially in macroeconomics, business and finance and development studies.

The Indian Economy in Transition

The Indian Economy in Transition
Author: Anjan Chakrabarti
Publisher: Cambridge University Press
Total Pages: 444
Release: 2015-10-22
Genre: Political Science
ISBN: 131667388X

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.

Concise History of Indian Economy

Concise History of Indian Economy
Author: Rohit Majumdar
Publisher: Routledge Chapman & Hall
Total Pages: 0
Release: 2023-12
Genre:
ISBN: 9781032630595

This book presents a concise economic history of India from 1600 to the mobile economy of the twenty-first century. It examines political events, social history, and economic developments across the world through the years to showcase how India has navigated its economic past, present, and future, and shaped events that for years controlled the Indian economy. This volume covers a range of important themes, which include: - Medieval fiscal systems, and the European surge in India; - The impact of the British Industrial Revolution on India; English interventionism and policies; the imperialistic economy and its impact; - Indian economy and nationalist movement in the nineteenth and early-twentieth century; the Great Depression and its global consequences; - Gandhiism and 'mass nationalism'; Independence and Partition; the impact of the World Wars; the inter-war economy; the rise of the dollar, and other key global trends; - The Cold War and India; - Constitutional remedies, nation-building and industrial policies; food security, the Green Revolution, and the power politics of 1970s; - Liberalization, privatization, and globalization in the 1990s; and - The economy of war and peace, India-China relations, and current trends in political economy. The book offers a lucid and insightful narrative of how the economy unfolded in India., It will interest readers of Indian history, economic history, and South Asian history and other general readers.

India's Economic Prospects

India's Economic Prospects
Author: Thampy Mammen
Publisher: World Scientific
Total Pages: 390
Release: 1999
Genre: Business & Economics
ISBN: 9789810232337

This book provides a macroeconomic analysis of the Indian economy. It is a long-run study that spans the period from 1950-51 to 1992-93, encompassing the various turning points in India's economic policy and development strategies. The macroeconometric model used in the book integrates the monetary and real sectors of the economy. In order to provide theoretical underpinnings for the model, the book traces the development of macroeconomic theory including Keynesian, structuralist, and supply-side economics. The model explains the public sector's current and capital expenditures, rather than treating them as exogenous variables. A subrecursive system of prices is formulated in terms of unit cost based on the flow of factor income generated in the process of production, monetary variable, and agriculture supply factors. The model analyzes and evaluates policy changes in India, particularly since 1984. It is used to derive the appropriate mix of fiscal, monetary, and trade policies needed to generate significant economic growth in 1997-2000 in a non-inflationary environment. While fiscal and monetary discipline is vital in this regard, public-sector investment plays an important role in capital formation and economic growth.