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Economic policy and policy reform over the last few decades has been motivated by the need to accelerate growth or equivalently to reverse a decline in growth rate. The economic literature on the determinants of growth has burgeoned and disagreement has followed consensus on the policy...
Persistent link: https://www.econbiz.de/10011807531
Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed … considerably since India has opened up to world markets. This has fuelled high expectations that FDI may serve as a catalyst to … higher economic growth. We assess the growth implications of FDI in India by subjecting industry-specific FDI and output data …
Persistent link: https://www.econbiz.de/10010273162
This is the third and final paper in a three-part series exploring the decision-making process in China. Presenting reform as a holistic system consisting of economic, political, cultural, social and ecological subsystems, President Xi Jinping introduced a top-level design as the theoretical...
Persistent link: https://www.econbiz.de/10014565839
Persistent link: https://www.econbiz.de/10011695856
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needed a public forum with a global reach to involve the best minds working on economic development in India as well as to … honour its founder, Dr K.R. Narayanan, President of the Republic of India. The K.R. Narayanan Oration series was developed in … both an expert account of key aspects of the economic development process in India and a peek into India's potential in the …
Persistent link: https://www.econbiz.de/10012990242
Eine Erweiterung der EU um Länder, die in ihrer wirtschaftlichen Entwicklung deutlich zurückliegen und deren Integration die Heterogenität der EU spürbar erhöht, verlangt nicht nur den potentiellen Neumitgliedern, sondern vor allem auch der EU erhebliche Reformanstrengungen ab. Ein...
Persistent link: https://www.econbiz.de/10010314119
We argue, due to the conspicuous failure of Washington Consensus-guided reforms in most part of the developing world in 1990s and the outbreak of the current global financial crisis, Washington Consensus, as a general term of the neoliberal free market economic thinking, has been withering. In...
Persistent link: https://www.econbiz.de/10012142429
The process of globalization causes an increasing intensity of institutional competition, i.e. competition among national suppliers of institutional arrangements for mobile factors. This often leads to the conclusion that the competence of national economic policy actors is decreasing. As a...
Persistent link: https://www.econbiz.de/10010317601
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal … institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the … context of, and been influenced by, broader economic reform in India. …
Persistent link: https://www.econbiz.de/10010322734