Liberalization, Growth and Regional Disparities in India


Book Description

Upon the backdrop of impressive progress made by the Indian economy during the last two decades after the large-scale economic reforms in the early 1990s, this book evaluates the performance of the economy on some income and non-income dimensions of development at the national, state and sectoral levels. It examines regional economic growth and inequality in income originating from agriculture, industry and services. In view of the importance of the agricultural sector, despite its declining share in gross domestic product, it evaluates the performance of agricultural production and the impact of agricultural reforms on spatial integration of food grain markets. It studies rural poverty, analyzing the trend in employment, the trickle-down process and the inclusiveness of growth in rural India. It also evaluates the impact of microfinance, as an instrument of financial inclusion, on the socio-economic conditions of rural households. Lastly, it examines the relative performance of fifteen major states of India in terms of education, health and human development. An important feature of the book is that it approaches these issues, applying rigorously advanced econometric methods, and focusing primarily on their regional disparities during the post-reform period vis-à-vis the pre-reform period. It offers important results to guide policies for future development.




Inter-regional Disparities in India


Book Description

Papers presented at the 91st Annual Conference of the Indian Economic Association, held at Udaipur during 27-29 December 2008.







The State in India after Liberalization


Book Description

This book assesses the impact of liberalization on practices of government and relations between state and society. It is clear that liberalization as state policy has complex forms of regulation and deregulation inbuilt, and these policies have resulted in dramatic increases in productivity and economic wealth but also generated spectacular new forms of inequality between social groups, regions, and sectors. Through a detailed examination of the Indian state, the contributors - all experts in their respective fields - explore questions such as: Have the new inequalities resulted in greater social unrest and violence? How has the meaning of citizenship changed? What will the long-term effects of regional economic imbalances be on migration, employment, and social welfare? Will increasing federalism result in new problems? Will smaller governments be more effective in providing basic necessities such as clothing, housing, food, water, and sanitation to citizens? What does liberalization mean to Indians in cities and villages, in small towns, and metropolises, in poor, middle class, or wealthy homes? Are concepts like social capital, decentralization, private enterprise, and grass-roots globalization effective in analyzing the post-liberalization state, or are new concepts needed? By focusing on what specifically has changed about the state after liberalization in India, this volume will shed light on comparative questions about the process of neoliberal restructuring across the world. As such, it will be of interest to scholars of a variety of disciplines, including sociology, anthropology, political science, geography, international studies, public policy, environmental studies and economics.




Globalization and Poverty


Book Description

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.




Liberalisation and Globalisation of Indian Economy


Book Description

Six Years Have Passed Since The Fast Process Of Liberalisation And Globalisation Was Started In India In July 1991. The Book Examines The Achievements And Failures Of The Process Of Economic Reforms During This Period. It Makes Useful Suggestions To Make The Economic Reforms More Successful And Human. The Role Which The State Has To Play In Accelerating The Process Of Economic Development And In Lessening Social Tensions Involved In Rapid Economic Reforms Has Been Clearly Laid Down In Detail.The Book Studies The Experience Of Economic Reforms In Other Countries And The Lessons Which India Can Draw From That. It Also Examines The Role Which Multinationals Can Play In The Economic Development Of The Country.The Book Analyses The Impact Of Economic Reforms On The Agricultural Economy And The Cottage And Small Scale Sector. It Emphasises The Need For Greater Attention To These Sectors On Which Depends The Well Being Of An Overwhelming Portion Of The Population.A Host Of Issues Concerning The Process Of Liberalisation And Globalisation Have Been Examined By Fortyseven Economists Spread Over The Entire Country.The First Volume Was Published In 1995 And The Response Of Readers Was So Heavy That It Had To Be Reprinted Again. The Encouraging Response To The First Volume Has Led To The Publication Of The Second Volume.




Trade Liberalisation, Economic Growth and Environmental Externalities


Book Description

The book examines the trade liberalization measures, which were initiated in India during 1991 and which focused on manufacturing industries. This industry was considered because of its strong inter-sectoral links and its capacity to stimulate the growth of other sectors. The resulting liberal trade policies, involving a reduction in trade barriers and inflows of FDI, capital and technologies, were adopted to increase the manufacturing output. However, these measures were most beneficial to those industries whose products have greater demand in developed countries. Against this backdrop, the book breaks down the overall effect of trade-induced manufacturing growth into scale, composition and technique effects to discuss the impact on environmental externality. In addition to manufacturing activity, it also investigates the effect of other factors that improve with economic growth and examines the extent to which India’s trade-led economic growth allows production activities to move to cleaner technologies and whether India has achieved its economic growth by specializing in pollution-intensive (low technology) industries. The book also estimates the impact of these environmental externalities on society’s wellbeing.




Regional Disparities in India


Book Description

A Number Of Contributors In This Book Look Into Regional Disparities From The Perspective Of The North East In General And Assam In Particular.