Globalization and India s Economic Integration is popular PDF and ePub book, written by Baldev Raj Nayar in 2014-10-14, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Globalization and India s Economic Integration can be Read Online from any device for your convenience.
Globalization and India s Economic Integration Book PDF Summary
This study of India's political economy provides a thorough examination of one critique of globalization, that it causes economic segmentation, and possibly disintegration, of the national economy as some sectors benefit and others are left behind. Economic segmentation is the breaking up of national markets, resulting in distinct winners and losers. Nayar's examination challenges this critique by demonstrating that, on balance, the active role of the Indian state in the areas of economic planning, fiscal federalism, and tax reform has resulted in improved economic integration, not increased segmentation. Similarly, his investigation of trade, investment, entrepreneurship, and migration, all reveal tendencies inherent in the market in favor of economic integration, especially when assisted by the state. Nayar's findings lead to the conclusion that while globalization both offers benefits (greater economic growth) and involves costs (external shocks), India's experience since its opening in 1991 suggests that India has benefited from, more than been victimized, by globalization.
Detail Book of Globalization and India s Economic Integration PDF
- Author : Baldev Raj Nayar
- Release : 14 October 2014
- Publisher : Georgetown University Press
- ISBN : 9781626161078
- Genre : Business & Economics
- Total Page : 316 pages
- Language : English
- PDF File Size : 14,9 Mb
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