Sustaining high growth in India / edited by Pradeep Agrawal.

Format:

Book

Contributor:

Agrawal, Pradeep, editor.

Language:

English

Subjects (All):

Economic development--India--21st century.

Economic development.

Industrialization--India.

Industrialization.

Infrastructure (Economics)--India.

Infrastructure (Economics).

India--Commercial policy.

India.

Physical Description:

1 online resource (xxi, 535 pages) : digital, PDF file(s).

Place of Publication:

Cambridge : Cambridge University Press, 2018.

Summary:

The growth rate of the Indian economy has plummeted sharply from 9 per cent in 2010 to below 5 per cent over 2012−14. It is essential to sustain a growth rate of 8 per cent or more over the next 20 years to eliminate poverty and reach a decent standard of living. There is an urgent need for research on the challenges facing India in reviving and sustaining high rates of economic growth, some of which are related to industrial policy, trade policy, infrastructure bottlenecks, inflation and macroeconomic issues, governance issues, demography and human capital. There is also a need for better industrial and human resource policies, higher investment and savings rates, higher exports and foreign investment inflows. This book studies the importance of growth, the role of industrial policy in sustaining it, and other critical issues regarding ways to revive and sustain higher growth in India across various sectors of the economy.

Contents:

Acknowledgments

Preface

Introduction / by Pradeep Agrawal

Macroeconomic challenges to sustaining high growth

Propagation mechanisms of inflation in India : an empirical investigation / by Ashima Goyal

Promoting industrial development for sustaining high growth

Economic complexity as a determinant of the industrialization of countries : the case of India / by Emanuele Pugliese, Guido L. Chiarotti, Andrea Zaccaria, and Luciano Pietronero

Sustaining India's manufacturing sector growth in the face of increasing competition from Chinese imports / by Bishwanath Goldar and Yashobanta Parida

China's manufacturing success : lessons for India / by Pravakar Sahoo

International trade, capital flows and sustaining high growth

Changing global trade regime and emergence of mega FTAS : strategy for India's external sector sustainability / by Geethanjali Nataraj, Abhirup Bhunia and Garima Sahdev

Global recession and eurozone debt crisis : impact on exports of China and India / by Pami Dua and Divya Tuteja

Economic impact of foreign capital inflows in emerging Asia / by Pradeep Agrawal and Durairaj

Kumarasamy

FDI outflows from the BRIC countries : impact on domestic capital formation / by Nandita

Dasgupta

Infrastructure bottlenecks to sustaining high growth

Growth and infrastructure development in India (TBC) / by Pradeep Agrawal

Elementary education in India : a study of accessibility and quality / by Indrajit Bairagya and Radhika Saraf

Education and economic growth : a comparative study of China and India / by Lakshmi K. Raut

Sustaining high growth : some emerging ideas

Demographic dividend and economic growth in India and China / by William Joe et. al

Social cohesion and uncertainties in economic growth / by Tapas Mishra, Sushanta Mallick, Mamata Parhi, and Prashant Gupta

Do openness and democracy reduce corruption? : results for South Asian nations and India / by Shrabani Saha and Rukmani Gounder

Regional dynamics of rural credit and growth in India : exploring nonlinearity and convergence in growth patterns / by Sushanta Mallick, Banikanta Mishra and Tapas Mishra

Index.

Notes:

Title from publisher's bibliographic system (viewed on 12 Feb 2018).

Includes bibliographical references and index.

ISBN:

1-316-85558-9

1-108-22611-6