Development Challenges of India After Twenty Five Years of Economic Reforms

Development Challenges of India After Twenty Five Years of Economic Reforms PDF Author: Nripendra Kishore Mishra
Publisher: Springer Nature
ISBN: 9811582653
Category : Business & Economics
Languages : en
Pages : 464

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Book Description
This book revisits some of the persisting challenges of development of India, which remain unresolved even after twenty-five years of economic reforms and almost fifteen years of high growth rate. These include defining purpose of development, inequality, labour, work, unemployment, agrarian distress and migration. The book questions the overemphasis on growth to the extent of neglecting basic issues of development. With a number of contributions re-imagining development and its political economy, the book discusses above mentioned issues in light of new data and more recent conceptions of the issues. The contributors of this volume are eminent researchers in their respective field. Presenting primary as well as secondary data, the book considers the latest advances and research and also addresses new challenges like the global reorganization of production and the consequences for labour and the world of work, along with skills question. World of work has received detailed investigation in this book. This is a timely addition in existing literature especially in context of pandemic and lockdown. Informality and un/employment question is addressed in this context. Relationship among poverty, inequality and growth is examined in light of newer understanding. Agrarian distress is looked in a broader context. A number of papers are examining migration question by expanding coverage of migration and including labour mobility as apart of migration debate. The present crisis of migrant labour and absence of social security for these workers is also discussed. This book is primarily intended for those interested in recent advances on some of the basic aspects of development, like poverty, inequality, informality, word of work, migration and labour mobility. It is also useful for researchers, policy makers, journalists and civil society organizations working on these issues.

Development Challenges of India After Twenty Five Years of Economic Reforms

Development Challenges of India After Twenty Five Years of Economic Reforms PDF Author: Nripendra Kishore Mishra
Publisher: Springer Nature
ISBN: 9811582653
Category : Business & Economics
Languages : en
Pages : 464

Get Book Here

Book Description
This book revisits some of the persisting challenges of development of India, which remain unresolved even after twenty-five years of economic reforms and almost fifteen years of high growth rate. These include defining purpose of development, inequality, labour, work, unemployment, agrarian distress and migration. The book questions the overemphasis on growth to the extent of neglecting basic issues of development. With a number of contributions re-imagining development and its political economy, the book discusses above mentioned issues in light of new data and more recent conceptions of the issues. The contributors of this volume are eminent researchers in their respective field. Presenting primary as well as secondary data, the book considers the latest advances and research and also addresses new challenges like the global reorganization of production and the consequences for labour and the world of work, along with skills question. World of work has received detailed investigation in this book. This is a timely addition in existing literature especially in context of pandemic and lockdown. Informality and un/employment question is addressed in this context. Relationship among poverty, inequality and growth is examined in light of newer understanding. Agrarian distress is looked in a broader context. A number of papers are examining migration question by expanding coverage of migration and including labour mobility as apart of migration debate. The present crisis of migrant labour and absence of social security for these workers is also discussed. This book is primarily intended for those interested in recent advances on some of the basic aspects of development, like poverty, inequality, informality, word of work, migration and labour mobility. It is also useful for researchers, policy makers, journalists and civil society organizations working on these issues.

The Oxford Handbook of Structural Transformation

The Oxford Handbook of Structural Transformation PDF Author: CĂ©lestin Monga
Publisher:
ISBN: 0198793847
Category : Business & Economics
Languages : en
Pages : 741

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Book Description
This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.

Reforms and Economic Transformation in India

Reforms and Economic Transformation in India PDF Author: Jagdish Bhagwati
Publisher: Oxford University Press
ISBN: 0199996229
Category : Business & Economics
Languages : en
Pages : 445

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Book Description
Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. The first volume, India's Reforms: How They Produced Inclusive Growth (OUP, 2012), systematically demonstrated that reforms-led growth in India led to reduced poverty among all social groups. They also led to shifts in attitudes whereby citizens overwhelmingly acknowledge the benefits that accelerated growth has brought them and as voters, they now reward the governments that deliver superior economic outcomes and punish those that fail to do so. This latest volume takes as its starting point the fact that while reforms have undoubtedly delivered in terms of poverty reduction and associated social objectives, the impact has not been as substantial as seen in other reform-oriented economies such as South Korea and Taiwan in the 1960s and 1970s, and more recently, in China. The overarching hypothesis of the volume is that the smaller reduction in poverty has been the result of slower transformation of the economy from a primarily agrarian to a modern, industrial one. Even as the GDP share of agriculture has seen rapid decline, its employment share has declined very gradually. More than half of the workforce in India still remains in agriculture. In addition, non-farm workers are overwhelmingly in the informal sector. Against this background, the nine original essays by eminent economists pursue three broad themes using firm level data in both industry and services. The papers in part I ask why the transformation in India has been slow in terms of the movement of workers out of agriculture, into industry and services, and from informal to formal employment. They address what India needs to do to speed up this transformation. They specifically show that severe labor-market distortions and policy bias against large firms has been a key factor behind the slow transformation. The papers in part II analyze the transformation that reforms have brought about within and across enterprises. For example, they investigate the impact of privatization on enterprise profitability. Part III addresses the manner in which the reforms have helped promote social transformation. Here the papers analyze the impact the reforms have had on the fortunes of the socially disadvantaged groups in terms of wage and education outcomes and as entrepreneurs.

Structural Transformation and Agrarian Change in India

Structural Transformation and Agrarian Change in India PDF Author: Goran Djurfeldt
Publisher: Taylor & Francis
ISBN: 1317429745
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
The landlord and his emaciated labourer are symbolic of Indian agriculture. However, this relationship has now changed as large landowners have fallen from their superior position. This volume explores how this emblematic pair is becoming a thing of the past. Structural Transformation and Agrarian Change in India investigates whether family labour farms are gaining prominence as a consequence of the structural transformation of the economy. The authors work alongside Weberian methodology of ideal types and develop different types of family farms; among them family labour farms that rely mainly on family workers, contrasted with capitalist farms that depend on hired labour. Agriculture is shrinking as a part of the total GDP at the same time as agricultural labour is shrinking as part of the total labour force. The changing agrarian structure is explored with the use of unique long-term survey data and statistical models. Results show that India is approaching farm structures that are typical of East and South East Asia, with pluriactive smallholders as the norm. This book successfully criticizes popular narratives about Indian agricultural development as well as simplistic evolutionist, Marxist or neoclassical prognoses. It is of great importance to those who study development economics, development studies and South Asian economics.

How Lives Change

How Lives Change PDF Author: Himanshu
Publisher: Oxford University Press
ISBN: 0192529072
Category : Business & Economics
Languages : en
Pages : 469

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Book Description
Development economics is about understanding how and why lives change. How Lives Change: Palanpur, India, and Development Economics studies a single village in a crucially important country to illuminate the drivers of these changes, why some people do better or worse than others, and what influences mobility and inequality. How Lives Change draws on seven decades of detailed data collection by a team of dedicated development economists to describe the evolution of Palanpur's economy, its society, and its politics. The emerging story of integration of the village economy with the outside world is placed against the backdrop of a rapidly transforming India and, in turn, helps to understand the transformation. It puts development economics into practice to assess its performance and potential in a unique and powerful way to show how the development of one village since India's independence can be set in the context of the entire country's story. How Lives Change sets out the role of, and scope for, public policy in shaping the lives of individuals. It describes how changes in Palanpur's economy since the late 1950s were initially driven by the advance of agriculture through land reforms, the expansion of irrigation and the introduction of "green revolution" technologies. Since the mid-1980s, newly emerging off-farm opportunities in nearby towns and outside agriculture became the key driver of growth and change, profoundly influencing poverty, income mobility, and inequality in Palanpur. Village institutions are shown to have evolved in subtle but clear ways over time, both shaping and being shaped by economic change. Individual entrepreneurship and initiative is found to play a critical role in driving and responding to the forces of change; and yet, against a backdrop of real economic growth and structural transformation, this book shows that human development outcomes have shown only weak progress and remain stubbornly resistant to change.

Capitalism, Inequality and Labour in India

Capitalism, Inequality and Labour in India PDF Author: Jan Breman
Publisher: Cambridge University Press
ISBN: 1108482414
Category : Business & Economics
Languages : en
Pages : 301

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Book Description
Jan Breman analyses labour bondage in India's changing political economy from 1962 to 2017. Focusing on what has happened since Independence, he argues that colonial rule changed the country's agrarian economy. Capitalism has led to progressive inequality, lack of welfare and the exclusion of the dispossessed from mainstream society.

The Oxford Handbook of the Indian Economy

The Oxford Handbook of the Indian Economy PDF Author: Chetan Ghate
Publisher: OUP USA
ISBN: 0199734585
Category : Business & Economics
Languages : en
Pages : 973

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Book Description
India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. This Oxford Handbook reflects India's growing economic importance on the world stage, and features research on core topics by leading scholars to understand the Indian economic miracle and the obstacles India faces in transforming itself into a modern 21st-century economy.

India

India PDF Author: Arvind Panagariya
Publisher: Oxford University Press
ISBN: 0195315030
Category : Business & Economics
Languages : en
Pages : 546

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Book Description
The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.

Routledge Handbook of Industry and Development

Routledge Handbook of Industry and Development PDF Author: John Weiss
Publisher: Routledge
ISBN: 1136698922
Category : Business & Economics
Languages : en
Pages : 620

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Book Description
The Routledge Handbook of Industry and Development is a global overview of industrialisation. Each chapter will provide readers with contemporary insights into this this essential aspect of economic development. Industrialisation has been at the forefront of discussion on economic development since the earliest days of development economics. But over the last fifty years, the manufacturing sectors of different countries and regions have grown at strikingly different rates. In 1960 developing countries took a very small share of global manufacturing production. Today the position had changed radically with fast growth of manufacturing in many parts of what was originally the developing world, particularly in China and the rest of East Asia. On the other hand, countries in Africa and parts of Latin America have been largely left behind by this process of industrialisation. This volume aims to illuminate this uneven development and takes stock of the current issues that hinder and support industrialisation in low and middle income economies. This Handbook is a collection of chapters on different aspects of industrialisation experience in a range of countries. Key themes include, the role of manufacturing in growth, the nature of structural change at different stages of development, the role of manufacturing in employment creation, alternative options for trade and industrial policy, the key role of technology and technical change, and the impact of globalisation and the spread of global value chains and foreign direct investment on prospects for industrialisation. Several chapters discuss individual country experiences with examples from India, Mexico, South Africa and Tanzania, as well as an overview of African industrialisation. This authoritative Handbook will be a key reference source for those studying or wishing to understand contemporary economic development. Offering inspiration and direction for future research, this landmark volume will be of crucial importance to all development economics scholars and researchers.

China-India

China-India PDF Author: Delia Davin
Publisher: OUP/British Academy
ISBN: 9780197265673
Category : Social Science
Languages : en
Pages : 0

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Book Description
What do China and India have in common and where do they differ in their pathways to economic and social development over the last two decades? This volume examines each country in paired chapters covering social and environmental impacts, economic development, labour and demography.