Showing 1 - 10 of 15
This paper makes the case that the growth trajectory of the Indian economy in the post-1991 liberalization period is … 1980s. This instability is a result of an investment-growth asymmetry that flows from a combination of a services …-intensive growth pattern and a manufacturing-intensive investment pattern. These in turn reflect the pattern of demand expansion within …
Persistent link: https://www.econbiz.de/10008497688
The issue of inequality or imbalance in sectional, sectoral or regional distribution of economic and social variables is connected to welfare implications of the functioning of an economy responsible for allocation of resources, and production, distribution and consumption of the material...
Persistent link: https://www.econbiz.de/10005790330
The Indian government has taken a number of incremental measures to liberalize legal and administrative impediments to international capital movements in recent years. This paper analyzes the extent to which the effectiveness of capital controls in India, measured by the domestic less net...
Persistent link: https://www.econbiz.de/10005836349
substantiation for the proposition that unlike what would be the prediction of crony capitalism theory, liberalization, rather than …
Persistent link: https://www.econbiz.de/10008497663
India brought about by liberalization and globalization of the economy. Structural changes in terms of employment of labour …
Persistent link: https://www.econbiz.de/10005619394
rate during the period of economic liberalization. The objective of this paper is to analize whether there were clear …
Persistent link: https://www.econbiz.de/10009022013
Many emerging countries in recent decades have relied on a development strategy that focused primarily on promoting the manufacturing sector and the exports of manufactured goods. However, an acceleration of growth of output and employment in manufacturing has eluded India. This is despite the...
Persistent link: https://www.econbiz.de/10008642714
consequences of Indian liberalization cannot be understood without recognizing the important continuities between the pre- and post-liberalization …. Indian capitalism after liberalization is less different than what it was before than might appear at first sight, and some … strategy to liberalization, which in turn has made the uneven development tendency stronger. The paper concludes with some …
Persistent link: https://www.econbiz.de/10011257871
of financial liberalization affects the saving-investment relationship remains unclear. This paper examines the dynamic … relationship between the domestic saving and investment rates in India by controlling for the level of financial liberalization …. Using data over the period 1950-2005, the results indicate that greater financial liberalization enables more domestic …
Persistent link: https://www.econbiz.de/10005835774
The paper investigates whether the effects of monetary policy on firm investment can be transmitted through leverage …. The findings indicate that monetary contractions reduce investment for highly leveraged firms. The estimates imply that a … 1percentage point increase in leverage reduces investment by 0.109 percent through leverage. Robustness tests broadly …
Persistent link: https://www.econbiz.de/10005089318