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This article examines the impact of the developments in the financial sector on economic growth in India in the post-reform period. The model of Mankiw et al. (1992) was extended to establish a relationship between financial development and economic growth. The model was then estimated using...
Persistent link: https://www.econbiz.de/10011135960
Kerala is well-known for its achievements in the sphere of social development that includes a rapid and high level mobilisation and organisation of workers regardless of location and sectoral occupation. However such a process of social development without a commensurate transformation of the...
Persistent link: https://www.econbiz.de/10005342062
The relation between growth, inequality and poverty is the central theme of the paper. While the fast economic growth under the neo-liberal policy regime helps reduce poverty, it increases inequality in income distribution in a way that retards the progress in poverty-reduction. The empirical...
Persistent link: https://www.econbiz.de/10010639304
Age structural transition is a process and a consequence of shiftingage structure from a young aged population to old aged population. It iswell known that economic growth in the East Asian countries wassignificantly contributed by demographic gift, that is decline in youngaged population and...
Persistent link: https://www.econbiz.de/10005537319