Agrarian Modernity and Development in India
Agrarian Modernity and Development in India

Author: Shibsankar Jena

Publisher: Cambridge Scholars Publishing

Published: 2023-11-21

Total Pages: 288

ISBN-13: 1527552896

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The social science discourse on the power of modernity and its everyday negotiation with tradition and locality in India has been a matter of continuous debate and discussion among academicians since the colonial era. By taking agriculture as a special field of investigation, this book describes the condition of ‘modernity’ in the agrarian social system of contemporary India. Farming is not only an economic activity, but also a personality formation where ‘status’ plays a significant role in Indian society. Taking ‘culture’, and ‘social status’ as the two important variables in the local ‘agriculture as performance’, this book develops a sociology of knowledge approach towards agrarian modernity and development in postcolonial India.

OECD Economic Surveys: India 2017
OECD Economic Surveys: India 2017

Author: OECD

Publisher: OECD Publishing

Published: 2017-02-28

Total Pages: 146

ISBN-13: 9264269355

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This 2017 OECD Economic Survey of India examines recent economic developments, policies and prospects. The special chapters cover tax reform and regional development.

The Political Economy of India's Economic Development: 5000BC to 2022AD, Volume I
The Political Economy of India's Economic Development: 5000BC to 2022AD, Volume I

Author: Sangaralingam Ramesh

Publisher: Springer Nature

Published: 2023-10-14

Total Pages: 320

ISBN-13: 3031420721

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This book, the first of two volumes, explores India’s economic development from 5000BC through to the India’s independence period from 1947AD to 2022AD. The specific characteristics of economic development in India are examined to help determine development paths India can pursue to create sustainable development in the 21st century. The transition from the primary section to the secondary sector, through the process of industrialisation and in turn the move towards the services sector, is discussed in relation to climate change and the pressure on resources posed by population growth. This book aims to contextualise India’s economic development within the political economy of trade, sustainable development and culture with a particular focus on the institutions that have emerged in the Indian sub-continent since 5000BC. It will be relevant to students and researchers interested in economic history, development economics, and the political economy.

Understanding Export Diversification: Key Drivers and Policy Implications
Understanding Export Diversification: Key Drivers and Policy Implications

Author: Rahul Giri

Publisher: International Monetary Fund

Published: 2019-05-14

Total Pages: 29

ISBN-13: 1498315453

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We identify key factors, from large set of potential determinants, that explain the variation in export diversification across countries and over time using Bayesian Model Averaging (BMA), which addresses model uncertainty and ranks factors in order of importance vis-a-vis their explanatory power. Our analysis suggests, in order to diversify, policy makers should prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions and developing the financial sector. For commodity exporters reducing barriers to trade is the most important driver of diversification, followed by improving education outcomes at the secondary level and financial sector development.

A Political Economy of the United States, China, and India
A Political Economy of the United States, China, and India

Author: Shalendra D. Sharma

Publisher: Cambridge University Press

Published: 2018-05-17

Total Pages: 235

ISBN-13: 1316877302

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The precipitous rise in global and national economic inequality, which the inexorable force of globalization promised to address with affluence and abundance for all, has returned with a vengeance. The problem of worsening socioeconomic inequality and how best to ameliorate this pernicious resurgence occupies center stage of national and international politics. This study investigates the coexistence of high rates of economic growth and unparalleled prosperity (including a review of the decline in poverty levels in China and India and many other developing countries) with rises in income and wealth inequality in the United States, China, and India. This book examines the overall effectiveness of the measures taken by these three countries to address such anomalies, and what they should do to tackle the problem of widening inequality. This study breaks new ground by providing an original comparative analysis of the challenges facing the world's three major economies.

Road to Industrialized Africa: Role of Efficient Factor Market in Firm Growth
Road to Industrialized Africa: Role of Efficient Factor Market in Firm Growth

Author: Manabu Nose

Publisher: International Monetary Fund

Published: 2018-08-06

Total Pages: 39

ISBN-13: 1484373251

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After a decade of rapid growth, industrialization has lost ground with shrinking manufacturing sector and high informality in Sub-Saharan Africa (SSA). This paper explores how land market and labor regulations affect factor allocative efficiency and firm performance in SSA. Using pooled data on firm balance sheets for 40 countries in SSA, the results identify significant land and labor misallocations due to limited market allocation of land and inappropriate regulatory policies. Using variations in ethnic diversity and the intensity of regulatory actions to peer firms at subnational level as instrumental variables, local average treatment effects show large productivity gains from factor reallocations, especially for marginally productive firms. Panel data results for Nigerian firms confirm factor market inefficiency as a principal driver of declining productivity, while showing that the 2011 minimum wage reform increased firm size. The results imply that improving formal regulation is critical to support firm growth at the stage of weak legal capacity, while informal sector monitoring gets effective as legal capacity develops.