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Globalization is a process of ever growing economic interdependence of countries of the world which constitutes integration of national economies with the international economy through cross border transactions in goods and services, international capital flows and widespread diffusion of...
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This study updates previous findings on district level convergence in India and analyses the role of financial development on economic growth. Using a new nighttime light product as a proxy for economic activity, it finds an absolute rate of convergence of 2.4 percent from 2013 to 2019....
Persistent link: https://www.econbiz.de/10013234836
Debate over Growth and Development are quite old in the history of economic thinking. It is argued that development encompasses comprehensive issues like health, education, equality, and liveability while growth is too narrow a concept. This paper analyses the growth and development experience...
Persistent link: https://www.econbiz.de/10005260324
India’s success story in services is well documented at the national level, but similar literature does not exist for India’s states. In this paper, we bridge this gap in research by looking at India’s services growth at the sub-national level and in doing so, also challenge existing...
Persistent link: https://www.econbiz.de/10009246879
Interstate economic disparities in India have sharply risen in the post reform period, bringing back the issue of regional disparities into the debate on Indian political economy. Present paper contends that while the economy has moved to a higher growth path, the pattern of growth has been...
Persistent link: https://www.econbiz.de/10010840451
The role of services globalization in inclusive growth is already getting attention in the literature. We add to this literature using India as a case study. India's state-level services value added and employment data studied in this paper reveal that globalization-induced opportunities are...
Persistent link: https://www.econbiz.de/10010754088
India’s success story in services is well documented at the national level, but similar literature does not exist for India’s states. In this paper, we bridge this gap in research by looking at India’s services growth at the sub-national level and in doing so, also challenge existing...
Persistent link: https://www.econbiz.de/10014190407
In recent times there has been a renewed interest in relationships between redistribution, growth and welfare. Land reforms have been central to strategies to improve the asset base of the poor in developing countries thought their effectiveness has been hindered by political constraints on...
Persistent link: https://www.econbiz.de/10010746031
Focusing critically on the effects of the conditions for foreign direct investment on sustainable growth in the recipient country, this paper analyzes the potential for investments in environmental innovations in India. The definition of sustainability applied in this paper incorporates economic...
Persistent link: https://www.econbiz.de/10008677178