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The book outlines the importance of Indian manufacturing sector and its growth under alternative policy regimes. The authors highlight the significance of various firm-specific and macroeconomic factors on the level of efficiency and profitability of the firms operating in the diverse manufacturing sector during the post-liberalization era. The book also examines the dynamic relationship between the select manufacturing sector-specific stock market indices and the various macroeconomic variables.
Growth miracles typically have been studied at the country level. In The Making of Miracles in Indian States, internationally-renowned economists Arvind Panagariya and M. Govinda Rao bring together a team of six leading scholars to break from that tradition and study three growth miracles in India at the level of the state: Andhra Pradesh, Bihar, and Gujarat. These are three large and diverse states in India: Gujarat has the third-highest per-capita income among the largest eighteen states, Bihar is the poorest, and Andhra Pradesh falls in the middle. Despite vast differences among the states, all three have grown at rates exceeding 8% for an entire decade in the twenty-first century. Each section of this three-part book offers a historical perspective on the state's development and the specific factors that improved its economic fortunes. The three case studies are backed by extensive quantitative documentation. They demonstrate the critical role that leadership, translated into improved policies and implementation, plays in stimulating growth and development. The Making of Miracles in Indian States is essential reading for students and scholars alike, as well as policy makers, NGO workers, and employees of international institutions.
Rapid economic growth has put India at the centre of current debates about the future of the global economy. In this fully revised and updated text, B. R. Tomlinson provides a comprehensive and wide-ranging account of the Indian economy over the last 150 years. He sets arguments about growth, development and underdevelopment, and the impact of imperialism, against a detailed history of agriculture, trade and manufacture, and the relations between business, the economy and the state. The new edition extends the coverage right up to the present day, and explains how one of the largest countries in the world has sought to achieve economic progress and lasting development, despite institutional weaknesses, rigid structures of political and social hierarchy, and the legacy of colonialism.
The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.
The Indian economy has emerged as one of the world?s fastest growing economies in the past few years. Greater investment, increased productivity, and deeper integration in the world economy have been the key growth drivers. Nonetheless, three main challenges remain: insufficient job creation in the formal sector; large and growing disparities between states; and increasing, but still low, productivity. India's Investment Climate identifies what the government can do to tackle these challenges by improving the investment climate for three key sectors, manufacturing, retail and software-ITES. Th.
India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. This Oxford Handbook reflects India's growing economic importance on the world stage, and features research on core topics by leading scholars to understand the Indian economic miracle and the obstacles India faces in transforming itself into a modern 21st-century economy.
This book presents empirical analyses of manufacturing firm performance in Africa based on the World Bank Enterprise Survey and on a one-time quantitative survey conducted for the World Bank by the Center for the Study of African Economies of Oxford University.
Alex Rogo is a harried plant manager working ever more desperately to try and improve performance. His factory is rapidly heading for disaster. So is his marriage. He has ninety days to save his plant - or it will be closed by corporate HQ, with hundreds of job losses. It takes a chance meeting with a colleague from student days - Jonah - to help him break out of conventional ways of thinking to see what needs to be done. Described by Fortune as a 'guru to industry' and by Businessweek as a 'genius', Eliyahu M. Goldratt was an internationally recognized leader in the development of new business management concepts and systems. This 20th anniversary edition includes a series of detailed case study interviews by David Whitford, Editor at Large, Fortune Small Business, which explore how organizations around the world have been transformed by Eli Goldratt's ideas. The story of Alex's fight to save his plant contains a serious message for all managers in industry and explains the ideas which underline the Theory of Constraints (TOC) developed by Eli Goldratt. Written in a fast-paced thriller style, The Goal is the gripping novel which is transforming management thinking throughout the Western world. It is a book to recommend to your friends in industry - even to your bosses - but not to your competitors!