000			02465nam a2200193Ia 4500
999			_c71054 _d71054
005			20220712204143.0
008			200204s9999 xx 000 0 und d
020			_a9780195655032
082			_a339.46 WOR 2001
100			_aWorld Bank
245		0	_aIndia :reducing poverty, accelerating development
260			_aNew Delhi
260			_bOxford University
260			_c2001
300			_a260 p.
520			_aWorldwide experience suggests that the primary conditions for sustained economic growth and poverty reduction are sound macroeconomic policies, open trade relations, and increases in human and physical capital. However, sustained development and poverty reduction also hinge on a comprehensive development framework. Markets need to be incentive based, yet regulated, functioning alongside an adequately supervised financial sector. Other prerequisites include effective health, education and social services, quality infrastructure and public services, and policies oriented to environmental and human development. This World Bank Country Study for India is the first of its kind in the Bank's new comprehensive approach to country reports. It argues that reforms that reduce the risk of macroeconomic instability in such a framework would also be effective in reducing poverty - by increasing the access of the poor to human development, reducing distortions and expanding the demand for labour. In this context, the report: ⚫ reviews the performance of the Indian economy analyses various facets of development identifies potential vulnerabilities emphasizes the role of these reforms to overcome initial lags and increase the pace of development in poorer states ⚫highlights the main areas for policy reforms as -improvement in infrastructure, both public and private expansion in core public activities through realignment of central and state governments increased expenditure on health and education deregulation of goods and factor markets privatization of areas such as power cuts in explicit and implicit subsidies strengthening of the financial system, and improvement of governance through streamlining of the legal system Its statistical richness and analytical quality make this country report on India invaluable for the government, academia, business and financial circles. Students, teachers, and researchers will find it an indispensable resource.
650			_aPoverty
942			_cB _2ddc