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second decade of the 21st century, India ranked third in the world in terms of GDP (based on purchasing power parity), after … order to quantify and evaluate the social effects of the economic growth in India and its dynamics in the analysed time … of the trends in the said index proves that the rapid economic growth in India after the year 1991 has brought about …
Persistent link: https://www.econbiz.de/10011869930
of tax reform, fiscal consoli- dation, and expenditure policy reform. These have been undertaken after economic … liberalization in order to sustain a high economic growth. Despite the several fis- cal policy initiatives, there is a persistent … transfer) of 15 major states of India. Our empirical result shows that state’s revenue (i.e. tax revenue and indirect tax) and …
Persistent link: https://www.econbiz.de/10011898901
Recognizing the need to formulate policy strategies for the changes it faces, Myanmar started a multifaceted reform …. This paper briefly reviews Myanmar's history and its legacy, examines the economy and some of the main policy reforms …
Persistent link: https://www.econbiz.de/10011305293
given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained … unprecedented growth and economic development-PRC and India became the second and fourth largest economies of the world … from US$341 in 1990 to US$4,421 in 2010 whereas India posted a four times growth from US$384 in 1990 to US$1,342 in 2010 …
Persistent link: https://www.econbiz.de/10011444894
This paper explores macroeconomic policies that can sustain structural change in China and India. A two-sector open … economic activity is calibrated to a 2000 SAM for China and a 1999/2000 SAM for India. Short-run analysis concerns temporary … change ; endogenous productivity ; dual economy ; China ; India …
Persistent link: https://www.econbiz.de/10008937618
Persistent link: https://www.econbiz.de/10002583061
A foreign exchange crisis in 1991 induced India to abandon decades of inward-looking socialism and adopt economic … reforms that have converted the once-lumbering elephant into the latest Asian tiger. India's gross domestic product (GDP … decades. India is reaping a big demographic dividend just as China starts aging, so India could overtake China in growth in …
Persistent link: https://www.econbiz.de/10013118411
progress. At the time of independence after centuries of stagnation, even decline, India's confidence and society stood shaken … the global stage in the near future. The plan of this paper is as follows. It provides a historical backdrop for India … contributing to the acceleration in India's growth rate. Section IV outlines India's performance in external trade and section V …
Persistent link: https://www.econbiz.de/10012714405
Persistent link: https://www.econbiz.de/10011573402
This paper is a short history of the Indian economy since 1968. India today is a changed country from what it was half … below the poverty line has fallen markedly, and India has joined the pantheon of major players globally. This paper analyses …
Persistent link: https://www.econbiz.de/10011913519