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Liberalization, Growth and Regional Disparities in India

by Ghosh, Madhusudan.
Authors: SpringerLink (Online service) Series: India Studies in Business and Economics Physical details: XVII, 223 p. 38 illus. online resource. ISBN: 8132209818 Subject(s): Economics. | Development Economics. | Econometrics. | Economic policy. | Farm economics. | Economics/Management Science. | Development Economics. | Agricultural Economics. | Econometrics. | Economic Policy.
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E-Book E-Book AUM Main Library 338.9 (Browse Shelf) Not for loan

 Chapter1: Introduction -- Chapter 2: Review of Economic Policies and Growth Performance -- Chapter 3: Regional Economic Growth and Inequality -- Chapter 4: Growth and Regional Divergence in Industry and Services -- Chapter 5: Growth and Regional Divergence in Agriculture -- Chapter 6: Structural Breaks and Performance in Agriculture -- Chapter 7: Growth and Structural Breaks in Food Grains Production -- Chapter 8: Spatial Efficiency in Regional Food Grain Markets -- Chapter 9: Inclusive Growth, Employment and Rural Poverty -- Chapter 10: Microfinance and Rural Poverty -- Chapter 11: Regional Disparities in Education, Health and Human Development.

Upon the backdrop of impressive progress made by the Indian economy during the last two decades after the large-scale economic reforms in the early 1990s, this book evaluates the performance of the economy on some income and non-income dimensions of development at the national, state and sectoral levels. It examines regional economic growth and inequality in income originating from agriculture, industry and services. In view of the importance of the agricultural sector, despite its declining share in gross domestic product, it evaluates the performance of agricultural production and the impact of agricultural reforms on spatial integration of food grain markets. It studies rural poverty, analyzing the trend in employment, the trickle-down process and the inclusiveness of growth in rural India. It also evaluates the impact of microfinance, as an instrument of financial inclusion, on the socio-economic conditions of rural households. Lastly, it examines the relative performance of fifteen major states of India in terms of education, health and human development. An important feature of the book is that it approaches these issues, applying rigorously advanced econometric methods, and focusing primarily on their regional disparities during the post-reform period vis-à-vis the pre-reform period. It offers important results to guide policies for future development.

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