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dangers and reasons for India's growth slowdown and proposes policy reforms for sustaining fast growth …
Persistent link: https://www.econbiz.de/10009620975
This paper analyzes the drivers of India's growth in the past five decades and considers baseline and upside scenarios … of India's medium-term potential growth. Using a production function approach, the paper assesses the impact of the …
Persistent link: https://www.econbiz.de/10015059507
India's financial sector has faced many challenges in recent decades, with a large, negative, and persistent credit to …
Persistent link: https://www.econbiz.de/10015060270
While India’s growth has been strong in recent decades, its structural transformation remains incomplete. In this paper …, we first take stock of India’s growth to date. We find that economic activity has shifted from agriculture to services … consider India’s employment challenge going forward. We find that India needs to create between 143-324 million jobs by 2050 …
Persistent link: https://www.econbiz.de/10015080244
This paper explores the role of public expenditure in fostering inclusive growth. It starts with a presentation of salient features of public expenditure. Then, it lays out an analytical framework that describes the channels through which public expenditure affects inequality and poverty in the...
Persistent link: https://www.econbiz.de/10015057905
This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic … response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in …
Persistent link: https://www.econbiz.de/10005825610
poverty reduction and inclusiveness in India. We explore the role of economic policies and macrofinancial conditions in …
Persistent link: https://www.econbiz.de/10010790381
India: growth-friendly, social-friendly, and a benchmark case centered on bringing down unproductive spending and …
Persistent link: https://www.econbiz.de/10010790422
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over the period 1980–2013, with a focus on the redistributive contribution of fiscal policy. Using instrumental variable techniques to deal with potential endogeneity, we...
Persistent link: https://www.econbiz.de/10011242236
India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the acceleration of investment in transport and...
Persistent link: https://www.econbiz.de/10011242441