Author: M Narasimham
Publisher: UBS Publishers
Year: 2002
Language: English
Pages: 428
ISBN/UPC (if available): 8174763813
Description
This volume, which is a collection of lectures delivered over the last 15 years, reflects the evolution of thinking with regard to economic and development policy issues, and also tracks various aspects of the reform process itself as it has evolved.
The last decade has been an eventful one for the Indian economy, coinciding as it did with the initiation of economic reforms. Economic reforms represent more than a change of policy and mark a paradigm shift in our development thinking. The reforms are a logical response to the serious doubts that were being voiced about the ability of the earlier model of development marked by a central command economy with all pervasive control over every branch of economic activity of deliver on our central objectives of growth, equity and external viability.
This volume, which is a collection of lectures delivered over the last 10-15 years, reflects the evolution of thinking with regards to economic and development policy issues, starting with a strong plea for moving towards a less rigorous planning system and advocating greater scope for initiative to economic agents in investment and production, and greater use of the market and the price mechanism. The lectures also track various aspects of the reform process itself as it has evolved.
What appeared earlier as the unfinished agenda of reform is now conterminous with what should constitute the second generation of reforms. There is also need for developing a wider consensus across the political spectrum involving the states in the reform effort. These specific aspects are also covered in some of the lectures. The reform process has still a long way to go.
Contents
Acknowledgements
Preface
SECTION I : PLANNING AND REFORMS FOR DEVELOPMENT
chapter one
Development: Ends and Means
CHAPTER TWO
Development Process and Issues in Economic Development
CHAPTER THREE
Some Thoughts of Planning
CHAPTER FOUR
The Economy: Some Issues for Planning and Policy
CHAPTER FIVE
Economic Reforms: The Unfinished Agenda
CHAPTER SIX
Economic Reforms in India in the Global context
CHAPTER SEVEN
A National Economic Agenda
CHAPTER EIGHT
Economic Reforms: Emerging Issues
SECTION II : SOME DIMENSIONAL ASPECTS OF DEVELOPMENT AND REFORMS
CHAPTER NINE
Some Issues in Human Development
CHAPTER TEN
Economic Reforms and Agriculture
CHAPTER ELEVEN
Economic Reforms and Small Industry
CHAPTER TWELVE
Globalization, Technology, Upgradation and Human Resource Development
CHAPTER THIRTEEN
The Professional Manager and the Changing Corporate Scene in India
CHAPTER FOURTEEN
Project Appraisal Revisited
CHAPTER FIFTEEN
The Economics of Knowledge
SECTION III : FINANCIAL SECTOR REFORMS FOR DEVELOPMENT
CHAPTER SIXTEEN
Towards Financial Liberalization
CHAPTER SEVENTEEN
Financial Sector Reform
CHAPTER EIGHTEEN
Globalization of Financial Markets and India
CHAPTER NINETEEN
Bretton Woods: Forty Years On
CHAPTER TWENTY
Managing Capital Inflows: The Indian Experience
CHAPTER TWENTY ONE
Banking Sector Reforms: Their Rational and Content
CHAPTER TWENTY TWO
Financial Sector Reforms: the Second Phase
CHAPTER TWNETY THREE
Techno-driven Post-reform Banking Operation
CHAPTER TWENTY FOUR
Outlook for the Financial Sector
Index