The Indian Economy Since 1991, 2nd Edition
The Indian Economy Since 1991: Economic Reforms and Performance is the outcome of a collaborative effort by 28 experts who have made significant contributions in research toward the Indian economy. Using a data-based, analytical approach to key economic issues and problems, coupled with extensive co...
Otros Autores: | |
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Formato: | Libro electrónico |
Idioma: | Inglés |
Publicado: |
Pearson India
2011.
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Edición: | 2nd edition |
Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009628004506719 |
Tabla de Contenidos:
- Cover
- Contents
- List of Tables
- List of Figures
- Foreword
- Preface
- About the Editor and Contributors
- Chapter 1: Overview
- Chapter 2: Economic Reforms and Performance of Indian Economy
- 2.1 Introduction
- 2.2 Economic Policy Framework and Economic Reforms in India
- 2.2.1 Economic Policy Framework: Theoretical Issues
- 2.2.2 Economic Policies During the Pre-Reform Period
- 2.3 Structural Adjustment Reforms in India
- 2.4 Performance of Indian Economy
- 2.4.1 Economic Growth
- 2.4.2 Structural Change
- 2.4.3 Savings and Investment
- 2.4.4 Inflation
- 2.4.5 External Sector
- 2.4.6 Employment
- 2.4.7 Unemployment
- 2.4.8 Poverty
- 2.5 The Emerging Issues of the Economy
- 2.5.1 Agriculture
- 2.5.2 Backwardness of Rural Areas
- 2.5.3 Infrastructure
- 2.5.4 Education, Health and Public Services
- 2.5.5 External Sector
- 2.5.6 Unemployment
- 2.5.7 Poverty
- 2.6 Conclusions
- References
- Chapter 3: Global Economic Crisis and Indian Economy
- 3.1 Introduction
- 3.2 The Global Financial and Economic Crisis
- 3.3 The Impact of Global Crisis on Indian Economy
- 3.3.1 Macro Economy
- 3.4 Industry
- 3.5 External Sector
- 3.6 Crude Oil Prices
- 3.7 Stock Market
- 3.8 Policy Measures and Revival of Indian Economy
- 3.8.1 Policy Measures
- 3.8.2 Revival
- 3.9 Conclusion
- References
- Chapter 4: Demographic Changes in India
- 4.1 Introduction
- 4.2 Population Size and Growth
- 4.3 Sex Ratio
- 4.4 Population Density
- 4.5 Average Household Size
- 4.6 Urbanization
- 4.7 Literacy and Employment
- 4.8 Mortality and Life Expectancy
- 4.9 Fertility
- 4.10 Age Structure
- 4.11 Religious Composition
- 4.12 Household Assets
- Chapter 5: Trends and Patterns of Employment in India
- 5.1 Introduction
- 5.2 Concepts and Defi nitions (NSSO)
- 5.2.1 Definitions Used in the Study.
- 5.3 Worker Population Ratio
- 5.4 Growth and Structure of Employment
- 5.4.1 Structure of Employment
- 5.4.2 Rural Employment
- 5.4.3 Urban Employment
- 5.4.4 Self-Employed, Regular Employed and Casual Labour
- 5.5 Characteristics of Employment and Wage Rate
- 5.5.1 Age Composition of Workers
- 5.5.2 Education Level of Workers
- 5.5.3 Wage Rate
- 5.6 Conclusion
- References
- Chapter 6: Trends and Characteristics of Unemployment in India
- 6.1 Introduction
- 6.2 Definitions of National Sample Survey Organization
- 6.2.1 Definitions of Unemployed
- 6.2.2 Unemployment Rate
- 6.2.3 Definitions Used in the Study
- 6.3 Trends in Unemployment in the Pre-and Post-Reform Period
- 6.4 Unemployment Situation in India
- 6.5 Categories of Unemployed
- 6.5.1 Youth
- 6.5.2 Educated Unemployed
- 6.5.3 Rural Agricultural Households
- 6.6 Conclusion
- References
- Chapter 7: Economic Planning in India
- 7.1 History of Planning
- 7.2 Planning Process in India
- 7.3 Economic Planning in India: An Evaluation
- 7.3.1 First Five Year Plan (1951-56)
- 7.3.2 The Second Five Year Plan (1959-61)
- 7.3.3 The Third Five Year Plan (1961-66)
- 7.3.4 Annual Plans (1966-69)
- 7.3.5 The Fourth Five Year Plan (1969-74)
- 7.3.6 The Fifth Plan (1974-79)
- 7.3.7 The Sixth Five Year Plan (1980-85)
- 7.3.8 The Seventh Five Year Plan (1985-90)
- 7.3.9 The Eight Five Year Plan (1992-97)
- 7.3.10 The Ninth Five Year Plan (1997-2002)
- 7.3.11 Tenth Five Year Plan (2002-07)
- 7.3.12 Approach to Eleventh Five Year Plan (2007-12)
- Reference
- Chapter 8: Financial Liberalization and Corporate Financing in India
- 8.1 Introduction
- 8.2 The Pre-Reform Framework of Financial Repression
- 8.3 Financial Liberalization: Some Facts
- 8.3.1 Reduction in Reserve Requirements
- 8.3.2 Interest Rate Liberalization.
- 8.3.3 Prudential Reforms and Institutional Strengthening
- 8.3.4 New Instruments
- 8.3.5 Capital Market Liberalization
- 8.3.6 Funds Through Foreign Investment
- 8.4 Financial Liberalization and Corporate Financing
- 8.5 Stock Market and Resource Mobilization
- 8.5 Conclusion
- Endnotes
- References
- Chapter 9: Finances of the Central Government (1991-2010)
- 9.1 The Structure of Government Finances
- 9.1.1 Structure of Government Finances
- 9.2 Trends in Revenue of the Central Government
- 9.2.1 Division of Powers and the Objectives of Taxation
- 9.2.2 Composition of Tax Revenues
- 9.2.3 Reforms of the Tax system
- 9.2.4 Trends in Tax Revenues
- 9.2.5 Trends in Non-Tax Revenue
- 9.3 Changing Composition of Public Expenditure
- 9.3.1 Composition of Expenditure
- 9.3.2 Change in the Composition of Plan Expenditure
- 9.3.3 Non-Plan Expenditure
- 9.3.4 Subsidies
- 9.3.5 Salaries and Pension
- 9.3.6 Resource Allocation and Use
- 9.3.7 Reforming Government Expenditure
- 9.4 Fiscal Policy and Fiscal Responsibility
- 9.5 The Global Financial Crisis and the Fiscal Response
- 9.5.1 Fiscal Measures
- 9.5.2 Observations
- Endnotes
- References
- Chapter 10: Monetary and Credit Policy Reforms in India
- 10.1 Introduction
- 10.2 MCP in the Pre-Reform Period
- 10.2.1 Administered Interest Rate Regime
- 10.2.2 High Statutory Preemptions and Monetization of Fiscal Deficit
- 10.2.3 Prominence of Credit Channel in Transmission Mechanism
- 10.3 Reforms in Monetary and Credit Policy
- 10.3.1 Objectives in the Post-Reform Period
- 10.3.2 Elimination of Automatic Monetization of Deficit
- 10.4 Reduced Dependency on CRR and SLR
- 10.5 Interest Rate Liberalization
- 10.6 Credit Policy Reforms
- 10.6.1 Deregulation of Directed Credit
- 10.6.2 Regulatory Reforms
- 10.6.3 Measures to Mitigate Non-Performing Loans (NPLs).
- 10.6.4 Diversification of Risk
- 10.6.5 Credit Information Bureaus
- 10.7 New Indirect Instruments of Monetary Policy
- 10.7.1 Instruments to Improve Short-Term Liquidity
- 10.7.2 Liquidity Adjustment Facility
- 10.7.3 Open Market Operations
- 10.7.4 Market Stabilization Scheme
- Endnotes
- References
- Chapter 11: Capital Market in the Post-Liberalization Period: Reforms and Emerging Trends
- 11.1 Introduction: The Central Issue of Resource Allocation
- 11.1.1 Gains of Efficient Resource Allocation
- 11.2 Stock Market and Economic Growth
- 11.2.1 The Role of Stock Market
- 11.2.2 Securities Market in India: A Profile
- 11.2.3 Resource Allocation in the Pre-Reform Period
- 11.2.4 Resource Mobilization in the Post-Reform Period: Structural Changes
- 11.2.5 Reforms in the Indian Capital Market: Post 1991
- 11.2.6 Market Pricing of Issues
- 11.2.7 Empowering the Regulatory Body, SEBI
- 11.2.8 Open Electronic Limit Order Book Market and Screen-Based Trading
- 11.2.9 Extension of Markets: Countrywide Integrated Markets
- 11.2.10 Clearinghouse System
- 11.2.11 Depository Services
- 11.2.12 Rolling Settlement
- 11.2.13 Derivatives Trading
- 11.2.14 Capital from Abroad: GDRs and ADRs
- 11.2.15 Foreign Portfolio Investment (FPI)
- 11.2.16 Book Building
- 11.2.17 Corporatization of Stock Exchanges
- 11.2.18 Risk Management
- 11.2.19 Other Reforms
- 11.3 Impact of Reforms
- 11.4 Post-Reform Trends
- 11.4.1 Big Leap in Resource Mobilization
- 11.4.2 Stock Market Efficiency: Reduction in Transaction Costs
- 11.4.3 Efficient Risk Management
- 11.4.4 Excessive Volatility
- 11.4.5 Domination by FIIs
- 11.5 Conclusion
- Endnotes
- References
- Chapter 12: Inflation in India
- 12.1 Introduction
- 12.2 Conceptual and Theoretical Issues
- 12.2.1 Demand Inflation
- 12.2.2 Supply Inflation or Cost Inflation.
- 12.2.3 Inflation Measures in India
- 12.3 History of the WPI in India
- 12.4 Trends in Inflation
- 12.4.1 Wholesale Price Index
- 12.4.2 Consumer Price Indices
- 12.5 Conclusion
- References
- Chapter 13: External Sector Reforms in India
- 13.1 Introduction
- 13.2 External Sector Reforms: Some Historical Antecedents
- 13.2.1 Import Substitution
- 13.2.2 Export Promotion
- 13.2.3 The 1991 Crisis
- 13.3 Trade Policy Reforms
- 13.3.1 Exchange Rate Reform and Current Account Convertibility
- 13.3.2 Capital Account Convertibility
- 13.3.3 Import Liberalization
- 13.3.4 Export Liberalization
- 13.3.5 Liberalization of Capital Flows
- 13.4 Conclusion
- Endnotes
- References
- Chapter 14: Trends and Patterns of Merchandise Exports and Imports of India in the Post-Liberalization Era
- 14.1 Introduction
- 14.2 Policy Changes in the 1990s
- 14.3 India and Global Trade
- 14.4 Export-Import and Trade Balance as Percentage of GDP
- 14.5 Growth Rate of Export and Import
- 14.6 Composition of Exports
- 14.6.1 Export Commodity Basket
- 14.7 Import Commodity Basket
- 14.8 Direction of Trade
- 14.8.1 Direction of Exports
- 14.8.2 Direction of Imports
- 14.9 Global Slowdown and India's Trade
- 14.10 Conclusion
- References
- Chapter 15: Foreign Direct Investment in India in the Post-1991 Period
- 15.1 Introduction
- 15.1.1 Foreign Savings and Investment
- 15.1.2 Crowding-In and Crowding-Out Impacts of FDI
- 15.1.3 Foreign Investment and BoP in India
- 15.2 Foreign Investment in India in the Reform Period
- 15.3 FDI: Sources and Direction
- 15.3.1 Sources and Origin of Foreign Direct Investment
- 15.3.2 Direction of Foreign Direct Investment
- 15.4 India's Share in Global FDI Inflows
- 15.5 Conclusion
- Annexure 15.1
- Annexure 15.2
- Endnote
- References
- Chapter 16: World Trade Organization and Indian Economy.
- 16.1 Introduction.