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In India, economic reforms adopted in 1991 in form of LPG (Liberalization-Privatization-Globalization) removed numerous barriers to grow and offered opportunities to improve productivity, particularly, for the manufacturing sector. But the rationale that manufacturing sector acted as main...
Persistent link: https://www.econbiz.de/10015392868
In view of discussion of two crises, Asian Financial crisis, 1997 and global meltdown, 2008 spreading over more than two decades, the objective of this article is to present econometrically whether productivity growth across countries can be a remedial measure toward tackling global recession...
Persistent link: https://www.econbiz.de/10015087372
The policy of globalization for India was a mix bag contributing benefits and losses. Increased foreign trade, foreign exchange reserves, market expansion was contrasted with fall in domestic industries, unemployment and increase in inequality. The present study analyzes the presence of...
Persistent link: https://www.econbiz.de/10015392870