Reviving Growth in India

ISBN 13: 9781107090330

Reviving Growth in India

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This book brings together the latest research findings from leading economists from India and abroad on ways to revive and sustain higher growth rates in India. Divided into five parts, the first part empirically examines the various factors that affect poverty and shows that growth is crucial to poverty reduction. The second part investigates the factors responsible for sustaining industrial growth including skill formation and innovation. Part III analyses the critical role of monetary policy and shows that it is not very effective in the presence of commodity price shocks and supply constraints. It explains why RBI could not effectively control inflation and why the government must play a crucial supporting role in controlling inflation. Part IV then analyses various supply constraints to growth including agriculture, energy security, social and physical infrastructure and discusses how to deal with them effectively. Part V analyses the labour and financial market policies.

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Book Description:

This book examines various factors responsible for sustaining industrial growth in India. The study includes different sectors of the Indian economy - innovations in expanding market size, the need for quality infrastructure, productive employment generation, the financial structure of firms in the private corporate sector, and internal issues such as infrastructure development and institution building.

About the Author:

Pradeep Agrawal is the Reserve Bank of India (RBI) Chair Professor of Economics and Head of the RBI Endowment Unit at the Institute of Economic Growth, New Delhi, where he has been the Officiating Director. He has also been the Director of the Research Center and Associate Dean of Research at the Kazakhstan Institute of Economics, Management and Strategic Research, Kazakhstan. Professor Agrawal's interests span economic growth and development; macroeconomics and financial markets; international economics; industrial economics; and applied econometrics. He has published extensively in international and national journals. He has co-authored two books (with Dr Subir Gokarn, former Deputy Governor, RBI and Dr Kirit Parikh, former member, Planning Commission) entitled Economic Restructuring in East Asia and India: Perspectives on Policy Reform and Policy Regimes and Industrial Competitiveness: A Comparative Study of East Asia and India. He has co-edited one book, India's Economy and Growth, and is currently working on a book titled Sustaining High Growth in India. He has done consultancy/projects for The World Bank, the Asian Development Bank, IDRC-Canada, the Swiss National Science Foundation, the Planning Commission and several ministries of the Government of India. He commentates on economic issues in national and international print and electronic media. Besides being an expert on the Indian economy, Professor Agrawal has expertise on most other Asian economies, having visited most of them for research. He has published books and numerous research articles on economies of East Asia, South Asia and Central Asia. Professor Agrawal took his MS and PhD degrees in economics from Stanford University and has held faculty positions at several universities in the USA and visiting positions at numerous institutions in the USA, Canada, Europe and Asia.

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2015. Hardback. Condition: New. Language: English . Brand New Book. This book brings together the latest research findings from leading economists from India and abroad on ways to revive and sustain higher growth rates in India. Divided into five parts, the first part empirically examines the various factors that affect poverty and shows that growth is crucial to poverty reduction. The second part investigates the factors responsible for sustaining industrial growth including skill formation and innovation. Part III analyses the critical role of monetary policy and shows that it is not very effective in the presence of commodity price shocks and supply constraints. It explains why RBI could not effectively control inflation and why the government must play a crucial supporting role in controlling inflation. Part IV then analyses various supply constraints to growth including agriculture, energy security, social and physical infrastructure and discusses how to deal with them effectively. Part V analyses the labour and financial market policies. Seller Inventory # AAA9781107090330

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2015. Hardback. Condition: New. Language: English . Brand New Book. This book brings together the latest research findings from leading economists from India and abroad on ways to revive and sustain higher growth rates in India. Divided into five parts, the first part empirically examines the various factors that affect poverty and shows that growth is crucial to poverty reduction. The second part investigates the factors responsible for sustaining industrial growth including skill formation and innovation. Part III analyses the critical role of monetary policy and shows that it is not very effective in the presence of commodity price shocks and supply constraints. It explains why RBI could not effectively control inflation and why the government must play a crucial supporting role in controlling inflation. Part IV then analyses various supply constraints to growth including agriculture, energy security, social and physical infrastructure and discusses how to deal with them effectively. Part V analyses the labour and financial market policies. Seller Inventory # AAA9781107090330

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