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Book Details :
Published on: 2012-11-02
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Original language: English

Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. The first volume, India's Reforms: How They Produced Inclusive Growth (OUP, 2012), systematically demonstrated that reforms-led growth in India led to reduced poverty among all social groups. They also led to shifts in attitudes whereby citizens overwhelmingly acknowledge the benefits that accelerated growth has brought them and as voters, they now reward the governments that deliver superior economic outcomes and punish those that fail to do so. This latest volume takes as its starting point the fact that while reforms have undoubtedly delivered in terms of poverty reduction and associated social objectives, the impact has not been as substantial as seen in other reform-oriented economies such as South Korea and Taiwan in the 1960s and 1970s, and more recently, in China. The overarching hypothesis of the volume is that the smaller reduction in poverty has been the result of slower transformation of the economy from a primarily agrarian to a modern, industrial one. Even as the GDP share of agriculture has seen rapid decline, its employment share has declined very gradually. More than half of the workforce in India still remains in agriculture. In addition, non-farm workers are overwhelmingly in the informal sector. Against this background, the nine original essays by eminent economists pursue three broad themes using firm level data in both industry and services. The papers in part I ask why the transformation in India has been slow in terms of the movement of workers out of agriculture, into industry and services, and from informal to formal employment. They address what India needs to do to speed up this transformation. They specifically show that severe labor-market distortions and policy bias against large firms has been a key factor behind the slow transformation. The papers in part II analyze the transformation that reforms have brought about within and across enterprises. For example, they investigate the impact of privatization on enterprise profitability. Part III addresses the manner in which the reforms have helped promote social transformation. Here the papers analyze the impact the reforms have had on the fortunes of the socially disadvantaged groups in terms of wage and education outcomes and as entrepreneurs. Role of entrepreneurship in national economic development Role of entrepreneurship in national economic development 1. EXCEL International Journal of Multidisciplinary Management StudiesVol.2 Issue 4 ... CASE STUDIES - Amity University S.N. Case Title: 1: M-PESA: Kenya's Experiment with Branchless Banking. 2: TOMS: One for One Giving Model: 3: Cadbury's Relaunch of Caramel and Wispa: Reposing faith ... Issues and challenges Empowerment of women in India ... Indian Women-stepping stones. paving their way. through times. Reproductive and productive roles ... The Constitution of India recognises equality of right of women; ... Free economic indicators Essays and Papers - 123helpme Free economic indicators papers essays and research papers. P. V. Narasimha Rao - Wikipedia Early life. PV Narasimha Rao had humble social origins. He was born near Banaganapalle in Kurnool district but later adopted and brought to Vangara village of ... Transformation of Russia in the Nineteenth Century Russia Table of Contents. The late nineteenth and early twentieth centuries were times of crisis for Russia. Not only did technology and industry continue to ... Economic diplomacy in action - Department of Foreign ... Production has increased significantly from 60 kg in 2011 to 1.2 tonnes in 2013 and now 6 tonnes in 2015. The farmers are selling their produce throughout Lebanon ... Economic development in India - Wikipedia The economic development in India followed socialist-inspired policies for most of its independent history including state-ownership of many sectors; India's per ... India - Know all about India including its History ... India is the name given to the vast peninsula which the continent of Asia throws out to the south of the magnificent mountain ranges that stretch in a sword like ... Country Profile - India OVERVIEW. India has a land frontier of 15200 kms. a sea coast length of 7 500 kms. It is the second most populous and seventh largest country in the world.
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