Essays on Macroeconomic Policy and Growth in India

Essays on Macroeconomic Policy and Growth in India

Author: Shankar Acharya

Publisher:

Published: 2008-02

Total Pages: 255

ISBN-13: 9780195695878

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This collection of essays deals with various aspects of economic reforms undertaken in India since the early 1990s with special emphasis on economic growth. The essays underscore the remarkably swift turnaround in the Indian economy from crisis condition in 1991 to good health by 1995. In thispaperback edition, a new preface addresses issues of India's phenomenal economic growth in the last few years.The early chapters deal with macroeconomic policies and performance, external sector challenges and their management and tax reforms in India, and the economic consequences of these reforms. A significant discussion is on the political and institutional factors that were at work to initiate andsustain these reforms. The final chapters highlight six major areas for government action: fiscal consolidation; improving state finances to support social development; infrastructure reforms; industrial policy reforms, management of water resources; and improvement in law and governance.


Futilitarianism

Futilitarianism

Author: S. Subramanian

Publisher: Taylor & Francis

Published: 2020-04-13

Total Pages: 115

ISBN-13: 1000075737

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This volume is an overview of, and commentary on, aspects of contemporary India and its socio-economic policies. It focuses on India’s economy and society in recent years, and in the process it addresses structural issues of development such as those of population, poverty, inequality, health, and social exclusion. It reviews the adequacy and appropriateness of governmental response to these problems, in terms of public policy, narrowly conceived, and philosophical orientation, more broadly conceived. The concern is not only with economic achievement and human development but also with the framework of civic rights, personal liberty, and institutional autonomy within which the exercise of governance is perceived to be carried out. The essays in this volume were originally written with the general-reader-as-involved-citizen very much in mind as the intended target. However, it should also be of interest to scholars of economics, political science, development studies, and South Asian studies.


The Political Economy of New India

The Political Economy of New India

Author: Raju J Das

Publisher: Routledge

Published: 2021-07-07

Total Pages: 137

ISBN-13: 1000412970

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Critical of the economic and political power relations in contemporary India, this book is written from the vantagepoint of the working masses whose basic economic and democratic rights remain unmet. Written for a broader audience beyond the academic community, the essays that make up the book provide short critical commentaries on different aspects of Indian society undergoing significant changes in recent times. The essays are conceptually driven and include empirical details, but they generally avoid the usual perils of academicism, by expressing complicated ideas in a relatively simple language and by drawing out their practical implications. This book is co-published with Aakar Books, New Delhi. Taylor & Francis does not sell or distribute the print versions of this book in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.


India Working

India Working

Author: Barbara Harriss-White

Publisher: Cambridge University Press

Published: 2003

Total Pages: 340

ISBN-13: 9780521007634

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By drawing on her extensive fieldwork in India and on the adjacent theoretical literature, Barbara Harriss-White describes the working of the Indian economy through its most important social structures of accumulation. Successive chapters explore a range of topics including labour, capital, the state, gender, religious plurality, caste and space. Despite the complexity of the subject, the book is vivid and compelling. The author's intimate knowledge of the country enables the reader to experience the Indian local scene and to engage with the precariousness of daily life. Her conclusion challenges the prevailing notion that liberalisation releases the economy from political interference and leads to a postscript on the economic base for fascism in India. This is an intelligent book, first published in 2002, by a distinguished scholar, for students of economics, as well as for those studying the region.


Indian Economy: Reforms and Development

Indian Economy: Reforms and Development

Author: Pradip Kumar Biswas

Publisher: Springer

Published: 2019-08-09

Total Pages: 333

ISBN-13: 9811382697

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The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.


Macroeconomics and Development

Macroeconomics and Development

Author: Mario Damill

Publisher: Columbia University Press

Published: 2016-03-15

Total Pages: 405

ISBN-13: 023154121X

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Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the behavior of foreign exchange markets as well as financial and currency crises in emerging economies. The essays in this collection assess Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. The authors discuss Frenkel's work in relation to pricing decisions, inflation and stabilization policy, development and income distribution in Latin America, and macroeconomic policy for economic growth. An entire section focuses on finance and crisis, and the volume concludes with a neo-structuralist analysis of general aspects of economic development. For those seeking a comprehensive introduction to contemporary Latin American economic thought, this collection not only explicates the intricate work of one of its greatest practitioners but also demonstrates its impact on the growth of economics.


The Oxford Handbook of the Indian Economy

The Oxford Handbook of the Indian Economy

Author: Chetan Ghate

Publisher: OUP USA

Published: 2012-03-13

Total Pages: 973

ISBN-13: 0199734585

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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.


Conflict, Demand and Economic Development

Conflict, Demand and Economic Development

Author: Deepankar Basu

Publisher: Taylor & Francis

Published: 2020-11-26

Total Pages: 359

ISBN-13: 1000246000

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This book presents a comprehensive overview of three key areas: heterodox macroeconomics, development economics and classical political economy. It offers an alternative macroeconomic framework to analyse policies with an emphasis on issues of equity and justice. With contributions by leading economists from across the world, it examines the growth and distribution of income; trade and finance in developing countries; classical political economy and Marxist theory; dualism in the US economy; economic crisis; and agrarian economy in poor countries. It explores themes such as the effect of an exogenous shock to wage share; Harrodian instability and Steindlian solutions; economics and politics of social democracy; the role of power in the macroeconomy; economic development through the promotion of domestic value chains; and reflections on primitive accumulation. Going beyond the neo-classical tradition, the volume opens up a new vista of economics by discussing unexplored questions. It provides a refreshing treatment of time-tested ideas as well as discussions of recent developments and current research. A major intervention in heterodox macroeconomics and a tribute to macroeconomist Amit Bhaduri, this book will be useful to scholars and researchers of economics, political economy, development studies, sociology, political science, public administration, economic theory, economic history, economic geography and critical studies, as well as professionals, economists and policymakers.