Industrialisation for Employment and Growth in India

Industrialisation for Employment and Growth in India
Author: R. Nagaraj
Publisher: Cambridge University Press
Total Pages: 306
Release: 2021-10-07
Genre: Business & Economics
ISBN: 100903233X

India initiated liberal economic reforms in 1991 to transform a slow-growing, state-led economy into an open, export-oriented industrialising economy. Though economic growth has accelerated, industrialisation has suffered from the manufacturing sector's share and labour intensive sectors failing to improve in India's exports. The government launched the Make in India initiative in 2015 aimed at raising the manufacturing sector's share in GDP to 25 percent, and to create an additional 100 million jobs by 2022. Though official estimates show an optimistic image of small scale industries, they do not explain why India failed to boost industrial production as expected of the reforms. Why did they fail to keep the domestic market, let alone expand exports? What would it take to meet the ambitious policy goals of the initiative? This book attempts to address these questions. It looks at a series of case studies of the small industry to obtain an in-depth understanding of specific industries and locations to draw meaningful conclusions.

Industrial Policy and Economic Transformation in Africa

Industrial Policy and Economic Transformation in Africa
Author: Akbar Noman
Publisher: Columbia University Press
Total Pages: 469
Release: 2015-09-15
Genre: Business & Economics
ISBN: 0231540779

The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

The Industrial Revolution and Economic Growth

The Industrial Revolution and Economic Growth
Author: R. M. Hartwell
Publisher: Routledge
Total Pages: 517
Release: 2017-06-26
Genre: History
ISBN: 1351696947

This volume, first published in 1971, brings together eleven essays and articles on the history of the industrial revolution. Method is the central consideration, and the author discusses ways in which historians have analysed the industrial revolution, demonstrates inconsistency and bias in their interpretations, and suggests an appropriate framework of economic theory for future studies. This title will be of interest to students of history and economics.

Hastening Slowly

Hastening Slowly
Author: M. Suresh Babu
Publisher:
Total Pages: 237
Release: 2017
Genre: India
ISBN: 9789352870783