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Reviving Growth in India
This book provides the latest research findings on the ways to revive and sustain higher growth rates in India.
Economic Reform Processes in South Asia
While South Asia’s economic reform initiatives of the last two decades were often born in crisis, this alone does not account for their occurrence. This book looks at the processes and institutional arrangements behind these reforms, and analyses what lessons can be learnt about how South Asia can improve its policy efficiency. The book develops ideas about how to overcome the political restraints to reform by drawing on recent theories of political economy and policy learning. It tests these ideas against authoritative case studies of actual reform initiatives in South Asia, which illustrate processes and institutional arrangements that have helped South Asian governments to sustain reform efforts, even in the absence of a strong political base. This offers valuable lessons for the global economy as it moves into a phase of rebalancing, with the structural adjustments that this will require. The book goes on to identify weaknesses that could be addressed by South Asian national governments and regional forums. It is an important contribution to studies on South Asian Politics and International Political Economy
India. The Modi Factor
When Narendra Modi was elected Prime Minister of India in 2014, he promised to push through key reforms and bring about the massive economic development needed for the “world’s largest democracy” to win its place among global superpowers. With over 1.3 billion citizens, India is soon to become the world’s most populous country, and more than one quarter of the people joining global workforce during the next decade will be Indian. The poorest of the world’s 20 largest economies, India’s potential for catch-up growth is enormous. And so are the limits and contradictions India must overcome for Modi’s vision to gain momentum. What has his government achieved so far? How likely is Modi’s “Minimum government, maximum governance” strategy to deliver the expected outcomes? Is India, often described as a “reluctant superpower”, now closer to becoming a regional leader? In a crucial year for local elections, and with the Prime Minister ready to run for a second term in 2019, this volume investigates the economic, political and diplomatic trajectories of Modi’s India in its quest for a global role.
Data Science Landscape
The edited volume deals with different contours of data science with special reference to data management for the research innovation landscape. The data is becoming pervasive in all spheres of human, economic and development activity. In this context, it is important to take stock of what is being done in the data management area and begin to prioritize, consider and formulate adoption of a formal data management system including citation protocols for use by research communities in different disciplines and also address various technical research issues. The volume, thus, focuses on some of these issues drawing typical examples from various domains. The idea of this work germinated from th...
Changing the Indian Economy
Changing the Indian Economy: Renewal, Reform and Revival explores the fact that post-Modi India is witnessing unprecedented socioeconomic change, truly labeled as Modi's Mantra and his attempts to morph the Indian economic landscape. India is using an intelligent economic process for its renewal and growth, however, in a recent study by Nomura, 2016, The Japanese Financial Services firm, it is reported that there is downside risk to India's baseline forecast of 7.8 per cent GDP growth in 2016. Although the report suggests that there was a mid-cycle consolidation in mid-2014, the recovery seems to be losing momentum. This book offers a novel, but inclusive outlook to the entire post-Modi economic overhaul. - Offers a comprehensive narrative of the current economic scene in India - Explores how the measures for reform are intelligent, while also considering their weaknesses - Shows how India has a strong potential to grow amidst diversity of economic reforms and changing governance - Includes a compilation of insightful articles on Indian economic reform and future prospects
Report to Congress of the U.S.-China Economic and Security Review Commission
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Globalisation and Indian Economy
This book presents the changing contours of India s position in the global economy. The first section deals with India s defensive posture in the nineties vis-à-vis the Multinational Companies. The resistance to speedy opening up of the economy has enabled Indian businesses to become globally competitive. The second section deals with the challenges before Indian in the begging of the 21st millennium as she is increasingly recognized as a world power. The earlier defensive posture has to be change into an offensive posture now with India aiming to break the economies of the rich countries. This can be done, for example, withdrawing forex reserves from US T-Bills. The third section deals wit...
ASEAN-India Development and Cooperation Report 2015
India‘s engagement with the Association of Southeast Asian Nations (ASEAN) is at the heart of its Look East Policy. As a regional bloc, ASEAN has developed much faster than any of the other blocs in the Asia-Pacific. With ASEAN and India working towards establishing a Comprehensive Free Trade Area through Regional Comprehensive Economic Partnership Agreement (RCEP), their cooperation will be key to promoting economic stability, competitiveness, growth and integration in the region. This Report: provides a comparative analysis of the global and regional economies; examines the impact and implications of India ASEAN integration; assesses policy priorities, effectiveness, implementation imper...
Sustaining High Growth in India
Studies the question of achieving and sustaining high rates of growth and economic development in India.
Against the Consensus
In June 2008, Justin Yifu Lin was appointed Chief Economist of the World Bank, right before the eruption of the worst global financial and economic crisis since the Great Depression. Drawing on experience from his privileged position, Lin offers unique reflections on the cause of the crisis, why it was so serious and widespread, and its likely evolution. Arguing that conventional theories provide inadequate solutions, he proposes new initiatives for achieving global stability and avoiding the recurrence of similar crises in the future. He suggests that the crisis and the global imbalances both originated with the excess liquidity created by US financial deregulation and loose monetary policy, and recommends the creation of a global Marshall Plan and a new supranational global reserve currency. This thought-provoking book will appeal to academics, graduate students, policy makers, and anyone interested in the global economy.
