Reintegrating India with the World Economy

Reintegrating India with the World Economy PDF Author: T. N. Srinivasan
Publisher: Columbia University Press
ISBN: 0881324442
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

Reintegrating India with the World Economy

Reintegrating India with the World Economy PDF Author: T. N. Srinivasan
Publisher: Columbia University Press
ISBN: 0881324442
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

India's Globalization

India's Globalization PDF Author: Baldev Raj Nayar
Publisher: SAGE
ISBN: 1932728422
Category : Business & Economics
Languages : en
Pages : 113

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Book Description
This study systematically evaluates the economic consequences of globalization for India in the light of the attack of the critics against globalization on grounds of economic stagnation, ?deindustrialization,? ?denationalization,? destabilization, and impoverishment. On the basis of abundant qualitative and quantitative data, it strongly repudiates the case of the critics, and demonstrates that India has been a significant beneficiary of the globalization process. Instead of economic stagnation, India has seen acceleration in its average annual rate of economic growth. Instead of deindustrialization, there has been substantial industrial growth and, indeed, acceleration in the industrial growth rate.Instead of denationalization, business in India is now more competitive and is venturingforth into the global market; increased imports and the entry of foreign multinationalshave not swamped it; essentially, India is master of its own destiny. Instead of economicdestabilization, there has been since the paradigm shift in economic policy in 1991 a marked absence of economic crisis in India. And, instead of impoverishment, India hasseen a long and unprecedented period of welfare enhancement since it began its reintegration into the world economy in 1975; there has been a secular decline in povertysince then, while inequality has not increased much. The policy conclusion that flows from this experience is that India ought to be, in general, more open to globalization in the interest of sustaining the acceleration in economic growth and enhancing the welfare of its people. To this end it should push forward with the reform agenda.This is the twenty-second publication in Policy Studies, a peer-reviewed East-West Center Washington series that presents scholarly analysis of key contemporary domestic and international political, economic, and strategic issues affecting Asia in a policy relevant manner.

India

India PDF Author: Pamela Shurmer-Smith
Publisher: Hodder Arnold
ISBN: 9780340705797
Category : Social Science
Languages : en
Pages : 209

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Book Description
At the end of the twentieth century, India has been transformed by global economic forces. 'India: Globalization and Change' examines the political and social changes taking place in India as a result of market liberalisation and integration into the world economy. Concentrating on the period since the emergence of market-dominated capitalism in India in the early 1990s, this up-to-date book highlights the effects of globalization on nearly all corners of Indian life. Rather than seeking explanation through referring to the past and traditions, this book concentrates on the modernising forces at work in India through an analysis of our major themes: caste, class, religion and gender. The author also considers the widening divisions in Indian society in relation to the overseas influence (through education and work) on elites and the increasing regionalism of other groups. This book discusses contemporary issues in Indian life (including environmental problems, emigration, and the anti-nuclear movement) and integrates this discussion into an examination of the new structures emerging from an increasing dependence on global markets. By bringing together the many strands that make up India at the dawn of the twenty-first century, the author provides an innovative perspective on this huge and diverse subcontinent.

Managing Globalization

Managing Globalization PDF Author: David A. Kelly
Publisher: World Scientific
ISBN: 9812774726
Category : Political Science
Languages : en
Pages : 508

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Book Description
"Difference Makers: Stories of Those Who Dared" is a different sort of book. It features many big names from corporate titans to ministers to social entrepreneurs. But it is not just a compilation of feel-good success stories and minting millions. It is a celebration of the human spirit, of daring, drive and doggedness to make a difference. The endeavors within will make you tear, chortle, sigh, reflect and renew your faith that all things are possible. It is guaranteed to make a difference to your life.

Globalization, Labor Markets and Inequality in India

Globalization, Labor Markets and Inequality in India PDF Author: Dipak Mazumdar
Publisher: IDRC
ISBN: 0415436117
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
India's increased exposure to world markets and relaxation of domestic controls has given a spurt to the GDP growth rate, but its impact on poverty, inequality and employment have been controversial. This book examines these aspects of the post-reform scene, discerning the changes in trends which the new developments have created.

The World Is Flat [Further Updated and Expanded; Release 3.0]

The World Is Flat [Further Updated and Expanded; Release 3.0] PDF Author: Thomas L. Friedman
Publisher: Macmillan
ISBN: 9780374292782
Category : Computers
Languages : en
Pages : 682

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Book Description
Explores globalization, its opportunities for individual empowerment, its achievements at lifting millions out of poverty, and its drawbacks--environmental, social, and political.

Bollywood and Globalization

Bollywood and Globalization PDF Author: Rini Bhattacharya Mehta
Publisher: Anthem Press
ISBN: 0857288970
Category : Performing Arts
Languages : en
Pages : 211

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Book Description
This book is a collection of incisive articles on the interactions between Indian Popular Cinema and the political and cultural ideologies of a new post-Global India.

The Indian Legal Profession in the Age of Globalization

The Indian Legal Profession in the Age of Globalization PDF Author: David B. Wilkins
Publisher: Cambridge University Press
ISBN: 110821102X
Category : Law
Languages : en
Pages :

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Book Description
This book provides the first comprehensive analysis of the impact of globalization on the Indian legal profession. Employing a range of original data from twenty empirical studies, the book details the emergence of a new corporate legal sector in India including large and sophisticated law firms and in-house legal departments, as well as legal process outsourcing companies. As the book's authors document, this new corporate legal sector is reshaping other parts of the Indian legal profession, including legal education, the development of pro bono and corporate social responsibility, the regulation of legal services, and gender, communal, and professional hierarchies with the bar. Taken as a whole, the book will be of interest to academics, lawyers, and policymakers interested in the critical role that a rapidly globalizing legal profession is playing in the legal, political, and economic development of important emerging economies like India, and how these countries are integrating into the institutions of global governance and the overall global market for legal services.

India, China and Globalization

India, China and Globalization PDF Author: P. Mahtaney
Publisher: Springer
ISBN: 023059154X
Category : Business & Economics
Languages : en
Pages : 333

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Book Description
The momentum of economic progress in India and China will bring about the next major shift in geopolitics. This book analyzes the economic experience of both countries in the context of development and globalization, and offers insights that could be crucial for development thinking.

Globalization

Globalization PDF Author: Biplab Dasgupta
Publisher: SAGE
ISBN: 9780761933069
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
This book is a cogent appraisal of India`s economic reforms by a prominent Leftist commentator. It first discusses the economic perspectives of various international and multilateral agencies as also of multinational companies. It then analyses the policies affecting and performance of various sectors of the economy agrarian, industrial, banking and monetary, state owned enterprises, fiscal, trade, environmental, and labour.