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Economic Institutions in India
 
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Economic Institutions in India
Sustainability Under Liberalization and Globalization
 
 
Palgrave Macmillan
 
 
 
 
 
 
29 Nov 2002
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£105.00
|Hardback In Stock
  
9781403901095
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DescriptionReviewsContentsAuthors

Since independence in 1947 the Indian economy has been undergoing a process of continuous evolution. Globalization and liberalization have highlighted complex managerial concerns for economic institutions in India. Previous studies have focussed on the financial sector, trade and development and structural adjustment. This book concentrates on these common concerns whilst advising that the sustainability of economic institutions under globalization and liberalization will be determined only by reconciliation between the state and the free market.


Description

Since independence in 1947 the Indian economy has been undergoing a process of continuous evolution. Globalization and liberalization have highlighted complex managerial concerns for economic institutions in India. Previous studies have focussed on the financial sector, trade and development and structural adjustment. This book concentrates on these common concerns whilst advising that the sustainability of economic institutions under globalization and liberalization will be determined only by reconciliation between the state and the free market.


Reviews

'There are numerous books on the Indian Economy: its problems and prospects. It is hard to say anything new and insightful on the subject. But this book manages the improbable. It is an important contribution that no serious student of the Indian economy can afford to neglect.' - Jagdish Bhagwati, Professor of Economics, Columbia University

'This book will help to see India's economy and society become more and more integrated with those of the rest of the world. I recommend it to everybody having interests to study and co-create the future of India.' - Sanjiv Goenka, President, Confederation of Indian Industry; Vice-Chairman and CEO, RPG Enterprises Ltd

'Banerjee and Richter have taken on and succeeded in a most daunting task: saying something new and refreshing on the Indian economy as well as presenting some coherent and practical ideas on how to accelerate its growth. Their book is a collection of 15 thoughtful and well researched essays on three areas critical to the future prospects of Indian economy: fiscal and financial dynamics; exports and trade regime; and institutional development. The book makes a particularly special contribution through its discussion of the issues related to the reconciliation of internal country dynamics (and history) with the global imperatives for the reform of India's economic institutions.' - Harinder Kohli, President and CEO, Centennial Group


Contents

Introduction
Some Challenges for Fiscal Policy in the New Economy of India; R.Jha
Financial Dynamics and India in the 21st Century; A.Ghatak
The Indian Banking Sector; S.Bhaumik & P.Mukherjee
Liberalization of Financial Intermediaries in India; S.Agarwal
Privatization of the Insurance Market in India; S.Sinha
Improving India's Export Performance; P.Agrawal
India & South Asian Economic Cooperation; R.Adhikari & N.Banskotta
Trade Between India and Bangladesh; S.Rashid, M.Quddus & M.Molla
The Economic and Functional Dimensions of India-ASEAN Relations; S.Choudhry
The Revival of Regional Trade Arrangements; M.Ghosh
Higher Education in India; J.Tilak
The Lack of Efficient External Markets and Public Support on Longevity; B.Biswas


Authors

PARTHASARATHI BANERJEE currently works for the National Institute of Science, Technology and Development Studies in New Delhi. He has also worked for the University of Tokyo and the State University of New York.

FRANK-JÜRGEN RICHTER is the director of the Asian part of the World Economic Forum. He has written many books about Asian Business and managed a European Multinational's Chinese operations for several years.