India's Infrastructure Development and the Lessons from China's Experences [i.e. Experience]

India's Infrastructure Development and the Lessons from China's Experences [i.e. Experience] PDF Author: Shu Ma (S.M.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description
Infrastructure plays an important role in a country's economic development, it is also essential to recover from the financial crisis. The history of developed countries shows that infrastructure contributed a lot in economic development, and maintaining & upgrading infrastructure is also important for running economy smoothly. In developing countries, the quality of infrastructure and its service helps to reduce the production cost, increase the quality of personal life and gain the international competitiveness. India is the third largest country in Asia, it has developed rapidly in the recent years and became more attractive to foreign investment. Since its economic reforms in 1991, The Indian government has been committed to the development of infrastructure and encouraged private sector and foreign direct investment's participation, especially in the recent ten years. Recognizing that the lags of infrastructure development became the bottleneck of its economic growth, the Indian government increased the strength of infrastructure development by more policy and fiscal support. This paper briefly introduces the infrastructure development situation in India and attempts to analyze from infrastructure perspective the advantages and challenges that India has to sustain its economic growth. This research also compares China's rapid economic growth and infrastructure development contribution to it. In examining the successful experience that China has, and problems exposed in its infrastructure development the consequence by performing the massive stimulus financial package in 2008 points out that infrastructure development has positive impact on economic growth, and can directly contribute to the growth. There are limitations to the extent to which infrastructure development can contribute to long term economic stability.

India's Infrastructure Development and the Lessons from China's Experences [i.e. Experience]

India's Infrastructure Development and the Lessons from China's Experences [i.e. Experience] PDF Author: Shu Ma (S.M.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

Get Book Here

Book Description
Infrastructure plays an important role in a country's economic development, it is also essential to recover from the financial crisis. The history of developed countries shows that infrastructure contributed a lot in economic development, and maintaining & upgrading infrastructure is also important for running economy smoothly. In developing countries, the quality of infrastructure and its service helps to reduce the production cost, increase the quality of personal life and gain the international competitiveness. India is the third largest country in Asia, it has developed rapidly in the recent years and became more attractive to foreign investment. Since its economic reforms in 1991, The Indian government has been committed to the development of infrastructure and encouraged private sector and foreign direct investment's participation, especially in the recent ten years. Recognizing that the lags of infrastructure development became the bottleneck of its economic growth, the Indian government increased the strength of infrastructure development by more policy and fiscal support. This paper briefly introduces the infrastructure development situation in India and attempts to analyze from infrastructure perspective the advantages and challenges that India has to sustain its economic growth. This research also compares China's rapid economic growth and infrastructure development contribution to it. In examining the successful experience that China has, and problems exposed in its infrastructure development the consequence by performing the massive stimulus financial package in 2008 points out that infrastructure development has positive impact on economic growth, and can directly contribute to the growth. There are limitations to the extent to which infrastructure development can contribute to long term economic stability.

China's Lessons for India: Volume I

China's Lessons for India: Volume I PDF Author: Sangaralingam Ramesh
Publisher: Springer
ISBN: 3319581120
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China’s economic experience over the last 40 years. The aim of the two books together is to evaluate China’s incremental reforms and how these reforms have impacted on the Chinese economy, based on a classical rather than from a neoclassical perspective using a case study method. In this first volume, the author examines India’s emergence from socialism and central planning as being in sharp contrast to China’s experience, and considers how we might compare the institutional difference between the countries. It also covers a theoretical grounding for the comparison of the two largest populated countries in the world, which will be taken up by the second volume.

Resurging Asian Giants

Resurging Asian Giants PDF Author: Klaus Gerhaeusser
Publisher: Asian Development Bank
ISBN: 9290920688
Category : Business & Economics
Languages : en
Pages : 577

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Book Description
The economies of the People's Republic of China and India have seen dramatic growth in recent years. As their respective successes continue to reshape the world's economic landscape, noted Chinese and Indian scholars have studied the two countries' development paths, in particular their rich and diverse experiences in such areas as education, information technology, local entrepreneurship, capital markets, macroeconomic management, foreign direct investment, and state-owned enterprise reforms. Drawing on these studies, ADB has produced a timely collection of lessons learned that serves as a valuable refresher on the challenges and opportunities ahead for developing economies, especially those in Asia and the Pacific.

Infrastructure Development

Infrastructure Development PDF Author: Dhandapani Alagiri
Publisher: SBS Publishers
ISBN: 9788131427255
Category : Economic development
Languages : en
Pages : 308

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Book Description
CONTENTS: Infrastructure Growth in the Developing Countries - Role, Issues and Challenges; Various Models in Infrastructure Financing; Public-Private Partnerships: The Best method to Finance Urban Infrastructure; Investment in Infrastructure: Key to Economic Change; Social Cost Benefit Analysis in Indian Roads- Development with Responsibility; Infrastructure Policy Framework in India: Present Status and Suggestive Models; A Model for Risk-based Pricing of Infrastructure Financing by Banks; An Alternative Model for Infrastructure Funding - Transferring Loan Assets from Banks by Pooling Securities that can be sold to Investors; FDI in Infrastructure: How to Attract?; Is PPP Really Needed for the Infrastructure Sector?; TEARR -A Framework for Providing Quality Infrastructure and Services; Transformation in the Road Transport System of Bogota: An Overview; Urban Multimodal Transport: Experiences in Developing Countries; Key Factors in Financing Urban Transport Modernisation: Some Lessons from Central Europe; Private Participation in Infrastructure in China; Solar Energy Development in India; Low- Cost Carriers: Their Growth, and the Success of their Business Model; Airport Privatization and Financing - Country Experiences and Lessons for India; India's Energy Woes and the Nuclear Option.

Rise of China: Indian Perspective

Rise of China: Indian Perspective PDF Author: Editors: Prof S Gopal, Nabeel A Mancheri
Publisher: Lancer Publishers LLC
ISBN: 1935501712
Category :
Languages : en
Pages : 166

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Book Description
The remarkable rise of China in the last three decades has had a mixed global reaction. While many countries have welcomed this rise, some of China’s neighbours have viewed it with concern if not consternation. What does the rise of China signify for India, given our none too smooth relationship with China and latter’s unqualified support to Pakistan in military and nuclear field? What do our leading companies feel about China? Would the Indian Ocean be the scene of stiff confrontation between India and China? Or is “China Threat” an exaggeration or hype as some would hold? This book is the result of intense discussions on the above questions in a seminar held on Dec 20/21, 2011 at the National Institute of Advanced Studies, Bangalore. The Chapters in this book, based on papers presented by leading experts on China both from the Government and the Private sectors covers almost all aspects of China from internal political developments, foreign policy to economy, S&T developments and Strategic capabilities, particularly with respect to India. China’s growing military and economic clout and impressive advances in trade and technology have all been analysed by various speakers who are well known for their expertise on china. China’s views on India have also been brought out succinctly. The Seminar was the first major interaction on a subject of strategic national interest. It is hoped that the book would contribute to better understanding of China by both the interested citizens of this country and the policy makers.

Finance & Development, March 2012

Finance & Development, March 2012 PDF Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1451922140
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
Young people, hardest hit by the global economic downturn, are speaking out and demanding change. F&D looks at the need to urgently address the challenges facing youth and create opportunities for them. Harvard professor David Bloom lays out the scope of the problem and emphasizes the importance of listening to young people in "Youth in the Balance." "Making the Grade" looks at how to teach today's young people what they need to get jobs. IMF Deputy Managing Director, Nemat Shafik shares her take on the social and economic consequences of youth unemployment in our "Straight Talk" column. "Scarred Generation" looks at the effects the global economic crisis had on young workers in advanced economies, and we hear directly from young people across the globe in "Voices of Youth." Renminbi's rise, financial system regulation, and boosting GDP by empowering women. Also in the magazine, we examine the rise of the Chinese currency, look at the role of the credit rating agencies, discuss how to boost the empowerment of women, and present our primer on macroprudential regulation, seen as increasingly important to financial stability. People in economics - C. Fred Bergsten, American Globalist. Back to basics - The multi-dimensional role of banks in our financial systems.

China's Lessons for India: Volume II

China's Lessons for India: Volume II PDF Author: Sangaralingam Ramesh
Publisher: Springer
ISBN: 3319581155
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China’s economic experience over the last 40 years. The aim of the two books together is to evaluate China’s incremental reforms and how these reforms have impacted on the Chinese economy, based on a classical rather than from a neoclassical perspective using a case study method. In this second volume, the author examines knowledge creation, knowledge spillovers and entrepreneurship across both China and India. The comparative study places the theoretical analysis of the previous volume in a real-world context of how China’s economic reforms since 1978 have actually impacted on the country. Its real-world findings of the Chinese economy present a complete perspective on China’s lessons for India as well as at a global context.

The Dragon and the Elephant

The Dragon and the Elephant PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309152895
Category : Political Science
Languages : en
Pages : 79

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Book Description
The return of the once-dormant economies of China and India to dynamism and growth is one of the most remarkable stories in recent history. The two countries are home to nearly 40 percent of the world's population, but until recently neither had played an influential role in the contemporary global economy. In the past two decades, China and India have liberalized internal economic policy, treatment of foreign investment, and trade, and have experienced economic growth at sustained high rates. From the point of view of the United States, however, the most important development in the Chinese and Indian economies in the long term may be the strides they are making in developing their own domestic innovation capacities. After a long period of underinvestment, both countries have committed to growing their science and education systems to bolster research and further economic expansion. Some observers of the recent growth have said that both countries are surging in their efforts to spur innovation; others have emphasized the potential of one country over the other; and still others have suggested that both China and India have a long way to go before achieving innovation-driven growth. With such a range of views, The National Academies set out to describe developments in both countries, in relation to each other and the rest of the world, by organizing a conference in Washington, D.C. The conference, summarized in this volume, discussed recent changes at both the macroeconomic level and also in selected industries, and explored the causes and implications of those changes.

The Oxford Handbook of the Politics of Development

The Oxford Handbook of the Politics of Development PDF Author: Carol Lancaster
Publisher: Oxford University Press
ISBN: 0199845158
Category : Political Science
Languages : en
Pages : 753

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Book Description
Modernization theory : does economic development cause democratization? / Jose Antonio Cheibub and James Raymond Vreeland -- Dependency theory / James Mahoney and Diana Rodriguez-Franco -- Structuralism / Elliott Green -- Political development / Robert H. Bates -- The Washington Consensus and the new political economy of economic reform / Kevin Morrison -- Penury traps and prosperity tales : why some countries escape poverty while others do not / M. Steven Fish -- Culture, politics and development / Michael Woolcock -- Religion, politics and economic development : synergies and disconnects / Katherine Marshall -- Does inequality harm economic development and democracy? : accounting for missing values, noncomparable observations, and endogeneity / Christian Houle -- Ethnicity and development / Nic Cheeseman -- Civil conflict and development / Håvard Hegre -- The politics of the resource curse : a review / Michael L. Ross -- Taxation and development / Mick Moore -- How do governments build capabilities to do great things? : ten cases, two competing explanations, one large research agenda / Matt Andrews -- Leadership and the politics of development / Adrian Leftwich and Heather Lyne De Ver -- Colonialism and development in africa / Leander Heldring and James A. Robinson -- Investment and debt / Layna Mosley -- The role of the state in harnessing trade-and-investment for development purposes / Theodore H. Moran -- International financial institutions and market liberalization in the developing world / Stephen C. Nelson -- Foreign aid and democratization in developing countries / Danielle Resnick -- Organizing for prosperity : collective action, political parties, and the political economy of development / Philip Keefer -- Missing links in the institutional chain / Anirudh Krishna -- The comparative politics of service delivery in developing countries / Evan S. Lieberman -- Party systems and the politics of development / Allen Hicken -- Populism and political representation / Kenneth M. Roberts -- Africa's political economy in the contemporary era / Peter M. Lewis -- The politics of development in Latin America and East Asia / James W. McGuire -- Development and underdevelopment in the Middle East and North Africa / Melani Cammett -- Rethinking the institutional foundations of china's hypergrowth : official incentives, institutional constraints, and local developmentalism / Fubing Su, Ran Tao, and Dali L. Yang -- The politics of growth in South Korea : miracle, crisis, and the new market economy / Stephan Haggard and Myung-Koo Kang

The Dragon and the Elephant

The Dragon and the Elephant PDF Author: Ashok Gulati
Publisher: Johns Hopkins University Press
ISBN: 9780801887864
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
China and India are the most extraordinary economic success stories of the developing world. Both nations’ economies have grown dramatically over the past few decades, elevating them from two of the world’s poorest countries into projected economic superpowers. As a result, the numbers of Chinese and Indians living in poverty have rapidly fallen and per capita incomes in China and India have quadrupled and doubled, respectively. This book investigates the reasons for these staggering accomplishments and the lessons that can be applied both to other developing nations and to the problem of poverty that remains in these two countries. The contributors pay particular attention to agriculture and the rural economy, examining how initial conditions and investments and the prioritization and sequencing of different policies and strategies have led to successes, and how the agricultural and rural sectors connect to overall economic expansion. They also emphasize the importance of anti-poverty programs and safety nets in helping poor people escape poverty. The book offers a set of policy and strategic options for future growth and poverty reduction. These include setting the right priorities for public spending, identifying trade and market reforms, building social safety nets for the poorest of the poor, and building accountable institutions that can provide public goods and services effectively. The book concludes by examining future challenges to China and India’s economic development, such as the need to ensure growth that is sustainable, equitable, and environmentally friendly. The Dragon and the Elephant offers valuable insights to development specialists anxious to multiply the benefits experienced by two of the greatest economic successes in recent times.