Is India S Economic Growth Leaving The Poor Behind
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Is India S Economic Growth Leaving The Poor Behind
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Author : Gaurav Datt
language : en
Publisher: World Bank Publications
Release Date : 2002
Is India S Economic Growth Leaving The Poor Behind written by Gaurav Datt and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Absolute Poverty categories.
Abstract: There has been much debate about how much India's poor have shared in the economic growth unleashed by economic reforms in the 1990s. Datt and Ravallion argue that India has probably maintained its 1980s rate of poverty reduction in the 1990s. However, there is considerable diversity in performance across states. This holds some important clues for understanding why economic growth has not done more for India's poor. India's economic growth in the 1990s has not been occurring in the states where it would have the most impact on poverty nationally. If not for the sectoral and geographic imbalance of growth, the national rate of growth would have generated a rate of poverty reduction that was double India's historical trend rate. States with relatively low levels of initial rural development and human capital development were not well-suited to reduce poverty in response to economic growth. The study's results are consistent with the view that achieving higher aggregate economic growth is only one element of an effective strategy for poverty reduction in India. The sectoral and geographic composition of growth is also important, as is the need to redress existing inequalities in human resource development and between rural and urban areas. This paper"a product of the Poverty Team, Development Research Group"is part of a larger effort in the department to better understand the relationship between economic growth and poverty. The authors may be contacted at gdatt@@worldbank.org or mravallion@@worldbank.org.
Mind The Gap Is Economic Growth In India Leaving Some States Behind
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Author : Catriona Purfield
language : en
Publisher:
Release Date : 2014
Mind The Gap Is Economic Growth In India Leaving Some States Behind written by Catriona Purfield and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
This paper examines how growth has varied across India's states. It finds that (i) the income gap between rich and poor states has widened; (ii) rich and faster-growing states have been more effective in reducing poverty; (iii) poor and slower-growing states have had little success in generating private sector jobs; (iv) labor and capital flows do little to close income gaps; and (v) the volatility in economic growth is greatest in poor states. Differences in states' policies affect the cross-state pattern of growth. Greater private sector investment, smaller governments, and better institutions are found to have a positive impact on growth.
India S Reforms
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Author : Jagdish Bhagwati
language : en
Publisher: Oxford University Press
Release Date : 2012-04-26
India S Reforms written by Jagdish Bhagwati and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-26 with Business & Economics categories.
When India embraced systematic economic reforms in 1991 and began opening its economy to both domestic and foreign competition, critics argued that they had contributed little to the acceleration of economic growth. Their argument had rested on the claim that growth in the 1990s was no faster than in the 1980s. This claim was quickly refuted on the grounds that when properly evaluated, growth had indeed accelerated in the 1990s and more importantly, while reforms had been made systematic in 1991, they had actually begun much earlier in the late 1970s. Subsequently, the reforms of the late 1990s and early 2000s have led to a jump in the growth rate from six percent in the 1990s to eight to nine percent beginning in 2003. The reforms have also led to a major structural change in the economy: the trade to GDP ratio has tripled since 1991, there has been a gigantic expansion of foreign investment in India, and sectors such as telecommunications, airlines, and automobiles have expanded at rates much higher than at any time in the past. This dramatic turnaround has led critics to shift ground. They now argue that opening the economy to trade has hurt the poor; that rapid growth is leaving socially disadvantaged groups behind; and that reforms have led to increased inequality. The essays in this volume take these challenges head-on. They use large-scale sample surveys and other data to systematically address each of the arguments. India's Reforms is the first volume in the series Studies in Indian Economic Policies, edited by Jagdish Bhagwati and Arvind Panagariya and published by OUP. It contains the first set of five original papers produced under the auspices of the Columbia Program on Indian Economic Policies housed in the School of International and Public Affairs (SIPA) and the Institute for Social and Economic Research and Policy (ISERP).
The Rise Of India Its Transformation From Poverty
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Author : Niranjan Rajadhyaksha
language : en
Publisher: John Wiley & Sons
Release Date : 2007-07-10
The Rise Of India Its Transformation From Poverty written by Niranjan Rajadhyaksha and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-07-10 with categories.
Though India has been left behind such Asian economic rivals as China and Japan, the country appears to have entered a phase of long-term economic expansion that will help it catch up. The Rise of India proposes a coming boom by examining new and very significant changes in Indian policy, demography, telecommunications, globalization, consumer behavior, and financial markets. These issues will drive the economic expansion of India as it begins to compete with other nations, creating big changes - and a billion new consumers - in the global economy.· Fear Over The Valley · A Century Of Lost Opportunities · People Power · India Calling · The Global Agenda · The Financial Revolution · The Yogi And The Consumer · Reforms For The Poor The Acid Test · The Dark Side Of The Moon
Why Growth Matters
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Author : Jagdish Bhagwati
language : en
Publisher: PublicAffairs
Release Date : 2013-04-09
Why Growth Matters written by Jagdish Bhagwati and has been published by PublicAffairs this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-09 with History categories.
In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.
The Rise Of India
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Author : Niranjan Rajadhyaksha
language : en
Publisher: John Wiley & Sons
Release Date : 2007
The Rise Of India written by Niranjan Rajadhyaksha and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
The Risk of India: Its Transformation from Poverty to Prosperity is an extremely interesting read. The book speaks not only to the mind and intellect but also to the heart as it clearly demonstrates that economic development is above all a question of people. It also shows that the Indian society, and particularly its youth, is much more open to changes than its political and bureaucratic class, and would welcome a third wave of reforms that would help the poor to benefit from economic progress. I strongly recommend this book. It offers a very unique and rich description of today's India from the author's perspective and many well chosen anecdotes. - Colette Mathur, Director World Economic Forum This fascinating work weaves together a set of seemingly diverse events into an intricate tapestry capturing the essence and purpose of emerging India. It is also an inspiration to people in "Challenged" economies that the power of honest entrepreneurship can bring about a greater transformation than the best intentions of any government. Well-researched and well-written, this book is a good guide for developing countries to leverage the potential of people and its inherent strengths. It also brings out the challenge for India that more reforms are necessary, not less. - Nandan M Nilekani, CEO & Managing Director Infosys Technologies Limited The Rise of India is an insightful and engaging story of India before and after the 1991 reforms. There are many academic tomes on India's reforms but none is as comprehensive, lucid, and earthy. Practicing "soft hearts, hard heads" Philosophy with anecdotes and personal experiences, the author builds a compelling case for further liberalization and reforms. This book is a must read for all policy makers, students of economics, and activists of all stripes. read, understand, and become part of the revolution-a continued rise of India! - Parth J. Shah, President, Centre for Civil Society
Economic Development And Poverty In India
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Author : Bhabesh Sen
language : en
Publisher:
Release Date : 2012
Economic Development And Poverty In India written by Bhabesh Sen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Economic development categories.
After the initiation of economic reforms in 1991, India's economy has been growing faster than its historical growth rate. The country's Tenth Five Year Plan (2002-07) recorded an annual growth rate of 7.2% and the underway Eleventh Five Year Plan (2007-12) aims to achieve a 9.0% growth rate per annum. However, the pattern of economic reforms over the last 20 years have left in its trail a variety of inequalities which have caused socio-political tensions. Some states in India have surged ahead while others lag behind. While the economy has performed well in terms of the growth rate of gross domestic product, the performance in terms of human development indicators has been unsatisfactory. Economic reforms have not paid adequate attention to health and education sectors. The industrial growth of India is becoming elite-oriented by registering relatively large increases in the production of commodities consumed by wealthy people. It is noteworthy that 70% of India's population still lives in rural areas. India's recent economic growth performance is creditable. However, is has not made any demonstrable difference to the lives of the poorest and the vulnerable sections of society. This book contains 12 research papers which provide deep insights into India's recent growth pattern and its deficiencies.
How British Rule Changed India S Economy
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Author : Tirthankar Roy
language : en
Publisher: Springer
Release Date : 2019-05-18
How British Rule Changed India S Economy written by Tirthankar Roy and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-18 with Business & Economics categories.
This Palgrave Pivot revisits the topic of how British colonialism moulded work and life in India and what kind of legacy it left behind. Did British rule lead to India’s impoverishment, economic disruption and famine? Under British rule, evidence suggests there were beneficial improvements, with an eventual rise in life expectancy and an increase in wealth for some sectors of the population and economy, notably for much business and industry. Yet many poor people suffered badly, with agricultural stagnation and an underfunded government who were too small to effect general improvements. In this book Roy explains the paradoxical combination of wealth and poverty, looking at both sides of nineteenth century capitalism. Between 1850 and 1930, India was engaged in a globalization process not unlike the one it has seen since the 1990s. The difference between these two times is that much of the region was under British colonial rule during the first episode, while it was an independent nation state during the second. Roy's narrative has a contemporary relevance for emerging economies, where again globalization has unleashed extraordinary levels of capitalistic energy while leaving many livelihoods poor, stagnant, and discontented.
Political Economy Of Poverty Eradication In India And Essays On Fiscal Reform
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Author : Raja J Chelliah
language : en
Publisher: SAGE Publications Pvt. Limited
Release Date : 2010-04-09
Political Economy Of Poverty Eradication In India And Essays On Fiscal Reform written by Raja J Chelliah and has been published by SAGE Publications Pvt. Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-09 with Business & Economics categories.
This book brings together three posthumous of Dr. Chelliah on reforms and poverty alleviation. Together they unravel the working of the Indian political economy and explain the causes behind persistent poverty in the country despite economic growth. The essays address the issues of effective means of poverty reduction by the states, reforms of federal fiscal relations, and taxes. Dr. Chelliah's central premise is that the major fault of India's economic policy has been that it was largely based on democratic socialist thought, thereby entrusting the government with the greatest responsibility, but without delineating in sufficient detail of how the government should respond to the challenge.
Perspectives On Poverty In India
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Author : The World Bank
language : en
Publisher: World Bank Publications
Release Date : 2011-04-13
Perspectives On Poverty In India written by The World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-13 with Social Science categories.
The book examines India s experience with poverty reduction in a period of rapid economic growth. Marshalling evidence from multiple sources of survey data and drawing on new methods, the book asks how India s structural transformation - from rural to urban, and from agriculture to nonfarm sectors - is impacting poverty. Our analysis suggests that since the early 1990s, urban growth has emerged as a much more important driver of poverty reduction than in the past. We focus in particular on the role of small and medium size conurbations in India, both as the urban sub-sector in which urban poverty is overwhelmingly concentrated, and as a sub-sector that could potentially stimulate rural-based poverty reduction. Second, in rural areas, we focus on the nature of intersectoral transformation out of agriculture into the nonfarm economy. Stagnation in agriculture has been accompanied by dynamism in the nonfarm sector, but there is much debate about whether the growth seen has been a symptom of agrarian distress or a source of poverty reduction. Finally, alongside the accelerating economic growth and the highly visible transformation that is occurring in India s major cities, inequality is on the rise. This is raising concern that economic growth in India has by-passed significant segments of the population. The third theme on social exclusion asks if, despite the dramatic growth, historically grounded inequalities along lines of caste, tribe and gender have persisted. This book would be of interest for policymakers, researchers, non-governmental organizations, and international agencies from India and abroad--who wish to know more about India s experience of the last two decades in reducing poverty.