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2014 Regional Competitiveness Analysis and a Master Plan on Regional Development Strategies for India: Annual Competitiveness Update and Evidence on . Model for Selected States of India

Khee Giap Tan, Linda Low, Kartik Rao, Kong Yam Tan

ISBN 10: 9814667528 / ISBN 13: 9789814667524
Published by World Scientific Publishing Co, 2015
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Title: 2014 Regional Competitiveness Analysis and a...

Publisher: World Scientific Publishing Co

Publication Date: 2015

Book Condition: Very Good

About this title

Synopsis:

This book by the Asia Competitiveness Institute (ACI) presents the inaugural regional competitiveness analysis for the five regions of India as a basis for the Master Plan on Strategic Regional Economic Development using regional classifications as defined by the Confederation of Indian Industry. Potential strategic clusters are identified for intra-regional collaboration given each region's unique strengths and resource endowments to facilitate accelerated economic growth and development which is balanced, fair and sustainable. The book also presents an update of ACI's annual competitiveness analysis of India's 35 states and federal territories. States and federal territories are ranked by ACI's comprehensive methodology by employing 75 indicators across four environments. Going beyond the rankings, the what-if policy simulations offer states and federal territories relevant policy prescriptions based on their respective strengths and weaknesses. A subset of the competitiveness indicators are then utilised for Geweke Causality Analysis to highlight the impact of strong leadership on economic development in the states of Bihar and Tamil Nadu.

Readership: Academics, undergraduate and graduates students, professionals interested in India's development.

Review:

"The Master Plan for Regional Economic Development brought out by the Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore is timely and captures the growing dynamism and economic vibrancy in India. The book brings fresh perspectives to the emerging growth models in India at a regional level through in-depth analysis." -- Mr Chandrajit Banerjee, Director General, Confederation of Indian Industry

"This competitiveness study provides an in-depth assessment of the performance of states and federal territories of India through the perspective of an objective observer from the outside. With the Indian federal system moving rapidly towards decentralisation, the book's insights into the challenges and opportunities at the state level is a valuable resource for policy makers, administrators and industry practitioners alike." -- Mr Mohan Guruswamy, Chairman, Centre for Policy Alternatives, New Delhi

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