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While India is distinctive among developing countries for its fast-growing service sector, sceptics have raised doubts …
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In 2015 and in 2017, India has become world's fastest growing major economy surpassing China. It has also become the … third-largest country of the world in terms of ‘GDP by purchasing power parity (PPP)'. This stunning performance of India …, Privatisation and Globalisation' (LPG) policies, has drawn attention of the world economists. The question is: Has India followed an …
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is along these lines. In India too sectoral changes are clearly visible. But there is an apparent deviation from the … present paper – based on secondary data – focuses on the growth and problems of India's service sector. It examines the major …
Persistent link: https://www.econbiz.de/10012953760
Over the last two decades, Haryana has emerged as one of the most prosperous states of Indian federation. The State has transformed itself from a State known for its agricultural production to a well rounded development State. Haryana's growth and development trajectory has been progressive...
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The experience of India in economic catch-up is unique when compared to other countries. First, the catch-up process of … India was not only service-led, but also accompanied by a decoupling between manufacturing and services. Second …-specific characteristics of the IT services industry and the country-specific advantages of India further lowered the costs of entry. With …
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-level data from India, we find a positive spillover from manufacturing growth to gross value added, wages, employment, and worker …
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trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and …
Persistent link: https://www.econbiz.de/10013019027
This book studies pitfalls in value added accounting of sectoral growth in real terms in the context of liberalisation of the Indian economy. Growth of sectoral gross value added can systematically deviate from that of final expenditure (and gross output), even maintaining the broad national...
Persistent link: https://www.econbiz.de/10013272352