From “Hindu Growth” to Productivity Surge

From “Hindu Growth” to Productivity Surge PDF Author: Mr.Dani Rodrik
Publisher: International Monetary Fund
ISBN: 1451850026
Category : Business & Economics
Languages : en
Pages : 44

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Book Description
This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence that the trigger may have been an attitudinal shift by the government in the early 1980s that unlike the reforms of the 1990s, was probusiness rather than promarket in character, favoring the interests of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in previous decades, played an important role in determining which states took advantage of the changed environment.

From “Hindu Growth” to Productivity Surge

From “Hindu Growth” to Productivity Surge PDF Author: Mr.Dani Rodrik
Publisher: International Monetary Fund
ISBN: 1451850026
Category : Business & Economics
Languages : en
Pages : 44

Get Book Here

Book Description
This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence that the trigger may have been an attitudinal shift by the government in the early 1980s that unlike the reforms of the 1990s, was probusiness rather than promarket in character, favoring the interests of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in previous decades, played an important role in determining which states took advantage of the changed environment.

From "Hindu Growth" to Productivity Surge

From Author: Dani Rodrik
Publisher:
ISBN:
Category :
Languages : en
Pages : 43

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Book Description
This paper explores the causes of India`s productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence that the trigger may have been an attitudinal shift by the government in the early 1980s that unlike the reforms of the 1990s, was probusiness rather than promarket in character, favoring the interests of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in previous decades, played an important role in determining which states took advantage of the changed environment.

From "Hindu Growth" to Productivity Surge

From Author: Dani Rodrik
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 48

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Book Description


The Sudoku of India's Growth

The Sudoku of India's Growth PDF Author: Arvind Virmani
Publisher: Business Standard Books
ISBN: 819057356X
Category : Economic development
Languages : en
Pages : 288

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Book Description
Covers the period, 1950 to 2007.

India as a Model for Global Development

India as a Model for Global Development PDF Author: Mahmoud Masaeli
Publisher: Cambridge Scholars Publishing
ISBN: 1527518566
Category : Science
Languages : en
Pages : 216

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Book Description
India is an emerging market economy, and has been more successful than most other emerging economies. Key to this success are India’s ancient legacy of consensus democracy, non-violence, multi-culturality, tolerance, secularism, and the practical simplicity of economic life inspired by Mahatma Gandhi. Also, vital to India’s present economy is the history of the country since the struggle for Independence began in 1857. India has followed a strikingly distinct route of development from other emerging economies such as South Korea, China, Malaysia, Brazil, and Mexico. While these countries concentrated on manufacturing and exports, India grounded its economy on an integrative domestic system of life. This model is marked by interesting and gradual, but constant, growth with an emphasis on services. Reforms in land-agricultural system, political governance, and financial management have led to a landmark stage of economic progress, with India’s GDP rate higher than many emerging market economies. This volume explores the reasons why India has fared better than other emerging market economies, and whether other countries can take inspiration from this model and rebuild their own countries based on their national resources, cultural heritage, and the capacity to interact globally.

Hindu Fundamentalism and the Spirit of Capitalism in India

Hindu Fundamentalism and the Spirit of Capitalism in India PDF Author: Bhabani Shankar Nayak
Publisher: Rowman & Littlefield
ISBN: 0761869697
Category : Political Science
Languages : en
Pages : 252

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Book Description
The book makes serious theoretical contribution to the field of political economy in indigenous development, public policy, sociology and development studies. It further establishes the relationship between Hinduisation of indigenous communities and rise of Hindu fundamentalism with a mining led industrial capital while evaluating the impact on the new economic reforms on tribals and their social, cultural, and religious identities in Orissa.

The Political Economy of India's Growth Episodes

The Political Economy of India's Growth Episodes PDF Author: Sabyasachi Kar
Publisher: Springer
ISBN: 1352000261
Category : Political Science
Languages : en
Pages : 112

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Book Description
‘This book is different from most other attempts to understand the politics of Indian economic development. Breaking down the last 65+ years of Indian development into several episodes of growth, it provides a rich set of insights into the political economy of the Indian development process and is a valuable addition to the literature.’ –Pranab Bardham, University of California, Berkeley, USA ‘Sustained economic growth in the world's largest democracy is critically important to human well-being, but the ups and downs of growth in India are not well-understood. This book provides a fresh and insightful approach to understanding what drives the starts of booms and the onset of slowdowns.’ –Lant Pritchett, Harvard University, USA ‘This is a little book with big arguments. The authors' explanation of the changing character of the deals done between political and business elites makes for the most original contribution to studies of the political economy of Indian development since Pranab Bardhan's seminal work of the early 1980s’ –John Harriss, Simon Fraser University, Vancouver, Canada This book moves beyond the usual economic analysis of the Indian growth story and provides a fresh perspective on the determinants of growth episodes in post-independence India, based on its political economy. Using a robust and novel technique, the authors identify four such episodes during this period. The first, running from the 1950s to 1992, was mostly characterized by economic stagnation, with a nascent recovery in the eighties. The second, covering the period 1993 to 2001, witnessed the first growth acceleration in the economy. A second acceleration ran from 2002 to 2010. The fourth and final episode started with the slowdown in 2010 and continues to this day. The book provides a theoretical framework that focuses on rent-structures, institutions and the polity, and demonstrates how changes in these can explain the four growth episodes. Kar and Sen argue that the transitions from one growth episode to another can be explained by the bi-directional relationship between growth outcomes and institutional arrangements, and by the manner in which institutional arrangements and their transitions are determined by the political bargains struck between the elite groups in Indian society.

Planners in Politics

Planners in Politics PDF Author: Louis Albrechts
Publisher: Edward Elgar Publishing
ISBN: 1839100117
Category : Political Science
Languages : en
Pages : 304

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Book Description
In this innovative book, ten executive politicians with backgrounds in planning from around the world dissect their own political careers. Reflecting on the often structural impact of their work in political decision-making, they also consider the translation of their experiences back into academic life or professional practice.

Rising India and Indian Communities in East Asia

Rising India and Indian Communities in East Asia PDF Author: K Kesavapany
Publisher: Institute of Southeast Asian Studies
ISBN: 9812307990
Category : Social Science
Languages : en
Pages : 748

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Book Description
This edited volume containing thirty-five chapters focuses on three main contemporary issues: the phenomenon of "new Indians" in the past five decades, the impact of rising India on settled Indian communities, and the recent migrants. By examining these interrelated aspects, this study seeks to address questions like: what does "Rising India" mean to Indian communities in East Asia? How are members of Indian communities responding to India's rise? Will India pay greater attention to people of ...

Reforms and Economic Transformation in India

Reforms and Economic Transformation in India PDF Author: Jagdish Bhagwati
Publisher: Oxford University Press, USA
ISBN: 0199915202
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. In this book, nine original essays pursue three interrelated themes: Why the movement of workers out of agriculture, into industry and services, and from informal to formal employments has been slow, explaining the impact the reforms have had on profitability and competition among enterprises,and analyzing the impact on the socially disadvantaged in terms of wage and education outcomes and entrepreneurship.