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Author: Vijay Joshi Publisher: Oxford University Press ISBN: 0190610131 Category : Business & Economics Languages : en Pages : 361
Book Description
"India's surge in high, well-sustained economic growth captured the world's attention for much of the period from the 1990s to the early 2010s. Often paired with China as being at the leading edge of emerging economies, the last few years have witnessed shortfalls in India's performance, which have also occurred in the cases of other "BRICS," namely, Brazil, Russia, and South Africa. India is now facing a possible fiscal crisis, higher inflation, greater concentration of economic wealth, and a slowdown in productivity. While its business sector remains vigorous, the Indian state has not yet found a viable way to fund food subsidies or come to grips with the costs of its employment guarantee program. Corruption also hinders growth at many turns. All these factors bring into question how feasible or wise it is for India to pursue a path toward global political power rather than concentrate on improved economic engagement worldwide. Dr. Joshi believes India's economic problems are serious and systemic, not a temporary blip. His analysis sets forth that the only way the country can truly prosper is to find the means to return to the earlier levels of growth through massive economic reform. This policy reorientation calls for eliminating price controls as well as both explicit and hidden subsidies to industries, introduction of direct cash transfers to the poor in place of the state's own costly production of goods and services, and an aggressive move toward privatization rather than over-reliance on family firms and widely-held corporations. Without these, the requisites of economic stability cannot be fully established, let alone propel significant growth"--
Author: Vijay Joshi Publisher: Oxford University Press ISBN: 0190610131 Category : Business & Economics Languages : en Pages : 361
Book Description
"India's surge in high, well-sustained economic growth captured the world's attention for much of the period from the 1990s to the early 2010s. Often paired with China as being at the leading edge of emerging economies, the last few years have witnessed shortfalls in India's performance, which have also occurred in the cases of other "BRICS," namely, Brazil, Russia, and South Africa. India is now facing a possible fiscal crisis, higher inflation, greater concentration of economic wealth, and a slowdown in productivity. While its business sector remains vigorous, the Indian state has not yet found a viable way to fund food subsidies or come to grips with the costs of its employment guarantee program. Corruption also hinders growth at many turns. All these factors bring into question how feasible or wise it is for India to pursue a path toward global political power rather than concentrate on improved economic engagement worldwide. Dr. Joshi believes India's economic problems are serious and systemic, not a temporary blip. His analysis sets forth that the only way the country can truly prosper is to find the means to return to the earlier levels of growth through massive economic reform. This policy reorientation calls for eliminating price controls as well as both explicit and hidden subsidies to industries, introduction of direct cash transfers to the poor in place of the state's own costly production of goods and services, and an aggressive move toward privatization rather than over-reliance on family firms and widely-held corporations. Without these, the requisites of economic stability cannot be fully established, let alone propel significant growth"--
Author: Qunhui Huang Publisher: Springer Nature ISBN: 9811996652 Category : Business & Economics Languages : en Pages : 114
Book Description
This book introduces how China plans and implements to achieve the goal of common prosperity. As the internal essential requirement by Chinese social and economic system, common prosperity is a coherent national strategy to combine economic growth and poverty reduction. It explains the path as how to make the "pie" bigger and better, and how to cut and divide the "pie" well . This book also expounds the development thought with Chinese characteristics, which is people-centered and promotes all-round human development, and its achievements. This book helps readers understand China’s path and experience to achieve the common prosperity goal.
Author: Penny Harvey Publisher: Cornell University Press ISBN: 0801456452 Category : Social Science Languages : en Pages : 262
Book Description
Roads matter to people. This claim is central to the work of Penny Harvey and Hannah Knox, who in this book use the example of highway building in South America to explore what large public infrastructural projects can tell us about contemporary state formation, social relations, and emerging political economies.Roads focuses on two main sites: the interoceanic highway currently under construction between Brazil and Peru, a major public/private collaboration that is being realized within new, internationally ratified regulatory standards; and a recently completed one-hundred-kilometer stretch of highway between Iquitos, the largest city in the Peruvian Amazon, and a small town called Nauta, one of the earliest colonial settlements in the Amazon. The Iquitos-Nauta highway is one of the most expensive roads per kilometer on the planet.Combining ethnographic and historical research, Harvey and Knox shed light on the work of engineers and scientists, bureaucrats and construction company officials. They describe how local populations anticipated each of the road projects, even getting deeply involved in questions of exact routing as worries arose that the road would benefit some more than others. Connectivity was a key recurring theme as people imagined the prosperity that will come by being connected to other parts of the country and with other parts of the world. Sweeping in scope and conceptually ambitious, Roads tells a story of global flows of money, goods, and people—and of attempts to stabilize inherently unstable physical and social environments.
Author: Michael Mandelbaum Publisher: Simon & Schuster ISBN: 9781476750026 Category : Business & Economics Languages : en Pages : 272
Book Description
In That Used to Be Us, the blockbuster Michael Mandelbaum wrote with Thomas L. Friedman, the authors analyzed the challenges America faces, including globalization, and described a path to recovering America’s greatness. In his widely and well reviewed The Road to Global Prosperity, Mandelbaum, one of America’s leading authorities on international affairs, looks at whether our optimism about the world’s economic future is justified in view of the financial meltdown of 2008, still being felt; Europe’s troubled currency; the slowing growth of China and other emerging nations. He concludes that while the global economy does face major challenges in the years ahead, there are compelling reasons to believe for optimism. Mandelbaum says that globalization is both irreversible and a positive force for the United States and the world. As technology and free markets expand and national leaders realize that their political power rests on delivering prosperity, countries will cooperate more. As more nations connect, their economies will grow. As immigration increases, as more money crosses borders, and as more countries emerge from poverty, individuals and societies around the world will benefit. The Road to Global Prosperity illuminates the crucial issues that will determine the economic future. Mandelbaum makes a persuasive case for optimism as well as offering a concrete, practical guide to the challenges and opportunities that lie ahead.
Author: Vijay Joshi
Author: Vijay Joshi
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Author: Elbert Hubbard
Author: Qunhui Huang
Author: 
Author: Penny Harvey
Author: United States. Congress. Senate. Committee on Public Works
Author: United States. Congress. Senate. Committee on Public Works
Author: Michael Mandelbaum
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