Institutions, incentives and economic reforms in India / edited by Satu Kahkonen and Anthony Lanyi (Record no. 68054)

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000 -LEADER
fixed length control field 02844nam a2200205Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220706145534.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 761994157
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 338.954 INS
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Kahkonen, Satu (ed.)
245 #0 - TITLE STATEMENT
Title Institutions, incentives and economic reforms in India / edited by Satu Kahkonen and Anthony Lanyi
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. New Delhi
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Sage Publications
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2000
300 ## - PHYSICAL DESCRIPTION
Extent 516p. ( )
520 ## - SUMMARY, ETC.
Summary, etc. India embarked on the process of economic reforms in 1991. After an initial spurt, there has been a distinct slowing down as evidenced by relatively low industrial growth and per capita incomes. The contributors to this important Volume maintain that a country cannot achieve economic growth and development simply by having the government not interfere in the economy. To the contrary, they argue that without the appropriate institutional and political underpinnings, economic reforms will be only partially successful. Not only could they fail but they may even lead to outcomes that are worse than the original situation.<br/><br/>The discussions are set in the framework of the 'new institutional economics' which encompasses the fundamental legal, political and social rules that establish the basis for production, exchange and distribution. Understanding these factors implies a reform effort which is broad-based and multi-pronged and which takes into account incentives for the stakeholders in both the private and public sectors.<br/><br/>The original essays in this volume illustrate the efficacy of this new institutional approach with reference to a number of crucial policy areas-privatisation, fiscal policy, agricultural reform, labour policy, and financial sector development. In each of these sectors, the contributors demonstrate the need for a reform effort based not only on known policy prescriptions, but also on n devising means sof overcoming those institutional factors and Incentives which impede reform. Among the issues discussed are the interplay of centre state relations and their impact on policy, the poor incentive structures faced by both tax payers and government officials; inadequate coordination among different levels of government which results in the poor delivery of services; outdated marketing strategies that impede agricultural growth; and strategies to improve the operations of the financial and labour markets.<br/><br/>With its fresh insights into the understanding of successful economic reform and its unusual interdisciplinary approach, this timely and fascinating book will be of considerable interest to economists, political scientists, planners and sociologists, as well as to the general reader with an interest in public affairs.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element India-Economic policy-1966
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Lanyi, Anthony (ed.)
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
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  Not Missing Not Damaged   Gandhi Smriti Library Gandhi Smriti Library   2020-02-04   338.954 INS 83941 2020-02-04 2020-02-04 Books

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