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India has undertaken extensive reforms in its manufacturing sector over the last two decades. However, an acceleration of growth in manufacturing, and a corresponding increase in employment, has eluded India. Why have the reforms not produced the intended results? Using Annual Survey of...
Persistent link: https://www.econbiz.de/10015215716
According to the Keynesian Model, the effectiveness of fiscal stabilization policy will rest on the size of fiscal multipliers and one of the most important and effective factors on the fiscal increasing coefficient can be the same crowding out & crowding in effects of the government fiscal...
Persistent link: https://www.econbiz.de/10015231619
This paper examines the applicability of the Dutch Disease hypothesis by using a vector auto-regression model, focusing on the five resource-rich and middle-income economies in the Association of Southeast Asian Nations (ASEAN): Malaysia and Indonesia as the forerunners, and Lao PDR, Myanmar and...
Persistent link: https://www.econbiz.de/10015257278
This paper aims to diagnose Mongolian economy on whether the economy has suffered from the Dutch Disease by applying a vector auto-regression model for the period from 1993 to 2016 under the current market-based regime including resource-booming times. From the outcomes of a VAR model...
Persistent link: https://www.econbiz.de/10015260303
In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment and reform programmes, the NEP aimed at promoting growth by eliminating supply bottlenecks that hinder competitiveness, efficiency and dynamism in the economic system This study...
Persistent link: https://www.econbiz.de/10015214688
In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment and reform programmes, the NEP aimed at promoting growth by eliminating supply bottlenecks that hinder competitiveness, efficiency and dynamism in the economic system This study...
Persistent link: https://www.econbiz.de/10015215607
Development of village, micro and small enterprises in India has a special significance with regard to bridging up the disparities between urban and rural sectors of the economy on the one hand and the more industrialized and the less industrialized states on the other. It would also channelize...
Persistent link: https://www.econbiz.de/10015231141
Development of village, micro and small enterprises in India has a special significance with regard to bridging up the disparities between urban and rural sectors of the economy on the one hand and the more industrialized and the less industrialized states on the other. It would also channelize...
Persistent link: https://www.econbiz.de/10015231233
This study examined the role of economic and social infrastructure in manufacturing sector performance in Nigeria. The main concern of the study was to ascertain the degree of impact of economic and social infrastructure variables on manufacturing sector performances in Nigeria and to know if...
Persistent link: https://www.econbiz.de/10015255605
The aim of this paper is to analyse, through a theoretical model, the effects that the trade integration of two countries may have on industrial location, growth and welfare. The conclusions reached finally depend both on whether the import or the export costs are affected by the trade policies...
Persistent link: https://www.econbiz.de/10015217455