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Author: Ravi Prakash Yadav
Publisher:
ISBN: 9788177082081
Category : Globalization
Languages : en
Pages : 0
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Book Description
ABOUT THE BOOK National policies?economic, social and cultural?that until recently were determined by the States and people within a country have increasingly come under the influence of international agencies and processes. This has led to the narrowed ability of governments and people to make choices from options in economic, social and cultural policies. Globalisation implies widening and deepening integration with the globe, i.e. with people and processes abroad. Globalisation is widely seen as the most important factor that could influence economies of nations the world over in the new millennium. The rapid advancement in information technology and communications has made it not just possible but absolutely essential for economies of the world to adapt or fall by the wayside. The socio-economically disadvantaged are yet to benefit from globalisation. The challenge to overcome the scourge of poverty remains a daunting task. The support of the poor for reforms and their involvement in the development process can be achieved only if they start benefiting from government policies. On the positive side, globalisation has compelled developing countries to improve overall economic management, and make their economies efficient. Despite distortions and aberrations, globalisation is a reality. Developments in information and communication technologies are unifying markets and people, cutting across barriers of space and time. This volume is a collection of 26 academic and research papers contributed by scholars in the field belonging to reputed universities and centres of academic excellence in India. This work, it is hoped, will generate meaningful debate and discussion on this topical subject affecting the lives of the people across the board
Author: Ravi Prakash Yadav
Publisher:
ISBN: 9788177082081
Category : Globalization
Languages : en
Pages : 0
Get Book Here
Book Description
ABOUT THE BOOK National policies?economic, social and cultural?that until recently were determined by the States and people within a country have increasingly come under the influence of international agencies and processes. This has led to the narrowed ability of governments and people to make choices from options in economic, social and cultural policies. Globalisation implies widening and deepening integration with the globe, i.e. with people and processes abroad. Globalisation is widely seen as the most important factor that could influence economies of nations the world over in the new millennium. The rapid advancement in information technology and communications has made it not just possible but absolutely essential for economies of the world to adapt or fall by the wayside. The socio-economically disadvantaged are yet to benefit from globalisation. The challenge to overcome the scourge of poverty remains a daunting task. The support of the poor for reforms and their involvement in the development process can be achieved only if they start benefiting from government policies. On the positive side, globalisation has compelled developing countries to improve overall economic management, and make their economies efficient. Despite distortions and aberrations, globalisation is a reality. Developments in information and communication technologies are unifying markets and people, cutting across barriers of space and time. This volume is a collection of 26 academic and research papers contributed by scholars in the field belonging to reputed universities and centres of academic excellence in India. This work, it is hoped, will generate meaningful debate and discussion on this topical subject affecting the lives of the people across the board
Author: Satyendra S. Nayak
Publisher: Routledge
ISBN: 1134062621
Category : Business & Economics
Languages : en
Pages : 259
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Book Description
Chapter Introduction -- part PART I Global monetary system -- chapter 1 Gold standard to globalization -- chapter 2 Genesis of the philosophy of globalization: New experiment in economic development - from aid to trade and debt to equity -- chapter 3 Financing globalization: Keynes goes international -- chapter 4 US capital market: Trigger for global growth -- chapter 5 Changing face of currency markets -- chapter 6 Lessons from the Asian crisis -- chapter 7 Reform of the IMF -- part PART II The Indian economic experience -- chapter 8 Economic liberalization: A new mantra of development -- chapter 9 Indian economic gradualism -- chapter 10 Financial and capital market reform -- chapter 11 Post-reform BoP and rupee exchange rate -- chapter 12 Capital account convertibility: 1997 report and after -- chapter 13 Towards fuller convertibility -- chapter 14 Fuller convertibility report and future scenario -- chapter 15 Infrastructure development fund.
Author: Baldev Raj Nayar
Publisher: Georgetown University Press
ISBN: 1626161089
Category : Political Science
Languages : en
Pages : 316
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Book Description
A common critique of globalization is that it causes economic segmentation and even disintegration of the national economy. Quite to the contrary, Baldev Raj Nayar provides a thorough empirical treatment of India’s political economy that challenges this critique by demonstrating that, on balance, both state and market have functioned to attenuate such a disintegrative impact and to accentuate economic integration. The active role of the Indian state in the areas of economic planning, fiscal federalism, and tax reform has resulted in improved economic integration and not increased segmentation. Similarly, his investigation of trade, investment, entrepreneurship, and migration suggests tendencies inherent in the market in favor of economic integration, especially when assisted by the state. While globalization has its benefits, such as higher economic growth, and costs, such as external shocks, Nayar’s findings show that India has benefited from globalization more than it has been victimized by it. Globalization and India’s Economic Integration shows how globalization’s pressures favoring efficiency paradoxically induced the state to push for consolidation on a pan-Indian scale in the area of fiscal federalism and to advance the cause of the common market through reforming the indirect tax system; meanwhile, the state has pressed forward with social inclusiveness as never before in its economic planning. For another, the market, too, has been instrumental, because of its widened scope and its inherently expanding character, in strengthening economic integration through trade expansion, diffusion of industry, and increased inter-state migration. Nayar’s groundbreaking work will interest students, scholars, and specialists of India, South Asia, globalization, and political economy.
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.
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.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264044817
Category :
Languages : en
Pages : 457
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Book Description
This book analyses key elements of the trade performance of the so-called BRIICS: Brazil, Russia, India, Indonesia, China and South Africa, in relation to the rest of the world, focusing on trade and other policies influencing that performance. It also presents a separate chapter for each country.
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.
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.
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.
Author: Anjan Chakrabarti
Publisher: Cambridge University Press
ISBN: 131667388X
Category : Political Science
Languages : en
Pages : 444
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Book Description
Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal, materializing out of the new emergent triad of neo-liberal globalization, global capitalism and inclusive development. This is how the book theorizes the structural transformation of the Indian economy in the twenty-first century. Through this framework, it interrogates and critiques the given debates, ideas and policies about the economic development of a developing nation.
