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.




Growth, Development, and Diversity


Book Description

Analysing the contribution of liberalisation-induced growth to development in India, this text identifies regional disparities and examines specific indicators of development, namely child labour, nutrition, education and growth in employment, trade and productivity.




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.




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.










India Development Report, 2011


Book Description

The Indian economy is one of the fastest growing economies in the world. At the same time it is beset with a host of socio-economic problems. This report, by leading experts, provides a comprehensive review of the current state of the Indian economy. In the context of two decades of structural reforms, it analyses the problems and policy issues affecting India's growth and development. Sixth in the IDR series, this report examines diverse topics of contemporary relevance: Food security and agrarian crises; Poverty and inequality; Energy insecurity; Disasters and environmental challenges; Industrial performance and regional disparities in manufacturing growth; Role of auditors in governance; Performance of the telecommunications industry; Trade liberalization and India's export sophistication; Capital inflows and policy choices; Outreach of banking services; Employment and industrial relations. It includes a statistical appendix which is a valuable source of information on the macroeconomic trends.




Trade Liberalization and Poverty in India


Book Description

Trade Liberalization and Poverty in India attempts to capture the current dialogue on trade liberalization and poverty, and provides an overview of the poverty impact of trade liberalization in India. The impact of trade liberalization on poverty at the s