Reintegrating India With the World Economy - Brossura

Srinivasan, T. N.; Tendulkar, Suresh D.

Brossura

ISBN 10: 0881322806 ISBN 13: 9780881322804

Casa editrice: Peterson Inst for Intl Economics, 2003

Riassunto

After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T. N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

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Product Description

Book by Srinivasan T N Tendulkar Suresh D

Dettagli dell'edizione

• Editore: Peterson Inst for Intl Economics
• Data di pubblicazione: 2003
• Lingua: Inglese
• ISBN 10: 0881322806
• ISBN 13: 9780881322804
• Rilegatura: Copertina flessibile
• Numero di pagine: 167
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile