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Inhaltsangabe
Dividing India's growth experience into distinct phases, India's Growth Narrative: Performance and Potential (1951-52 to 2050-51) argues that the lowest average growth of 3.5% during the late 60s and early 70s, which has often mistakenly been referred to as the 'Hindu Growth Rate' belongs to a socialist pattern phase of growth which was preceded by a colonial legacy phase. Subsequently, the Indian economy transitioned from a mixed economy phase to first reform, accelerating growth and global crises phases. Prospectively, India is projected to reach a stable growth of about 7.0%, which is more appropriately referred to as the 'Hindu Growth Rate' as it is consistent with saving and investment rates prescribed in India's ancient texts. After providing a phase-wise overview of the evolution of fiscal, monetary, financial and external sector policies, this book projects India's growth up to 2050-51. It shows how, within 100 years of the inception of the Constitution, India is slated to regain its past economic glory, reaching a Viksit status in a modern global economy.
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Über die Autorin bzw. den Autor
MA, MLitt and PhD degrees, is Chief Policy Advisor at EY India and Honorary Professor at Madras School of Economics (MSE). Serving as MSE's Director (2005-2012), he has taught at leading institutions. He advised the Tenth Finance Commission, consulted for the Eleventh, and was a member of the Twelfth. He chaired key committees and coauthored books, including Federalism and Fiscal Transfers in India.
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Paperback. Zustand: new. Paperback. Dividing India's growth experience into distinct phases, India's Growth Narrative: Performance and Potential (1951-52 to 2050-51) argues that the lowest average growth of 3.5% during the late 60s and early 70s, which has often mistakenly been referred to as the 'Hindu Growth Rate' belongs to a socialist pattern phase of growth which was preceded by a colonial legacy phase. Subsequently, the Indian economy transitioned from a mixed economy phase to first reform, accelerating growth and global crises phases. Prospectively, India is projected to reach a stable growth of about 7.0%, which is more appropriately referred to as the 'Hindu Growth Rate' as it is consistent with saving and investment rates prescribed in India's ancient texts. After providing a phase-wise overview of the evolution of fiscal, monetary, financial and external sector policies, this book projects India's growth up to 2050-51. It shows how, within 100 years of the inception of the Constitution, India is slated to regain its past economic glory, reaching a Viksit status in a modern global economy. Traces India's growth from 1951 to 2050 through colonial, socialist and reform phases, projecting stable 7% growth and India's rise to Viksit status in the global economy. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Bestandsnummer des Verkäufers 9788126943814
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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Dividing India's growth experience into distinct phases, India's Growth Narrative: Performance and Potential (1951-52 to 2050-51) argues that the lowest average growth of 3.5% during the late 60s and early 70s, which has often mistakenly been referred to as the 'Hindu Growth Rate' belongs to a socialist pattern phase of growth which was preceded by a colonial legacy phase. Subsequently, the Indian economy transitioned from a mixed economy phase to first reform, accelerating growth and global crises phases. Prospectively, India is projected to reach a stable growth of about 7.0%, which is more appropriately referred to as the 'Hindu Growth Rate' as it is consistent with saving and investment rates prescribed in India's ancient texts. After providing a phase-wise overview of the evolution of fiscal, monetary, financial and external sector policies, this book projects India's growth up to 2050-51. It shows how, within 100 years of the inception of the Constitution, India is slated to regain its past economic glory, reaching a Viksit status in a modern global economy. Bestandsnummer des Verkäufers 9788126943814
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