Accelerating And Sustaining Growth : : Economic and Political Lessons / / Arvind Virmani

• Record Nr.: UNINA9910786483603321
• Autore: Virmani Arvind
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2012
• ISBN: 1-4755-1496-4; 1-4755-5629-2
• Descrizione fisica: 1 online resource (47 p.)
• Collana: IMF Working Papers
• Soggetti: Economic development; Economic forecasting; Exports and Imports; Macroeconomics; Public Finance; Natural Resources; Production and Operations Management; Macroeconomic Analyses of Economic Development; Economic Growth and Aggregate Productivity: General; Economywide Country Studies: Asia including Middle East; Aggregate Factor Income Distribution; Agricultural and Natural Resource Economics; Environmental and Ecological Economics: General; International Investment; Long-term Capital Movements; Trade: General; Debt; Debt Management; Sovereign Debt; Macroeconomics: Production; Environmental management; Finance; International economics; Public finance & taxation; Income; Natural resources; Foreign direct investment; Imports; Government debt management; National accounts; Environment; Balance of payments; International trade; Productivity; Production; Investments, Foreign; Debts, Public; Industrial productivity; India
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Cover; Contents; 1. Introduction; 2. Fast Growing Economies; 2.1 Definitions and Un-sustainability; 2.2 High Growth Economies (HGEs); Tables; 1. Decade Average per Capita GDP growth - Cross correlation; Charts; 1. Economies whose fast growth was due to Recovery from Past Collapse; 2. High Growth Economies (1961 to 2011); 2.3 Potential High Growth Economies (pHGEs); 3. Economies which showed Fast growth because of Recovery from Past Collapse; 4. Economies which showed High Growth Potential (1961-2011); 2.4 Catch up Growth and Middle Income Trap; 5. Ratio of country PcGdp PPP to USA at start and end of fast growth period 6. Catch-up Growth-Middle Income Trap (MIT); 2.5 Sustaining Growth : Lessons; 2. Fast growth period - per Capita Gdp growth and Potential Determinants; 3. Political Economy; 3.1 Institutional Responses; 3.2 Conflict Resolution; 3.3 Fiscal Lessons from Financial Crises; 4. India : Economic Reforms and Growth Transition; 4.1 J Curve : Heuristic Theory; 4.2 Phasing of Liberalization : Competition Dynamics; 4.3 Timing of Sector Liberalization; 4.4 Public-Private Mix; 4.5 Incomplete Reforms: Threat and Opportunity; 5. Domestic Enterprenur led Growth 5.1 Potential Growth; Figures; 1. Potential Growth rate of Indian Economy; 2. Post 1990 Trend and J Curve; 6. Policy Reforms for Sustaining Growth; 6.1 Oil/energy; 6.2 Food Prices and Policy; 6.3 Urban Governance : Land Market; 6.4 Human Capital : Skills; 6.5 Resource Rents and Corruption; 6.6 Macro Economics; 7. Conclusion; 8. References; A2.1 Asian HGEs rate of Growth of per capita GDP; Appendices; 1. Asian Fast Growing Economies; A2.2 Asian pHGEs rate of Growth of per capital GDP; 2. China Growth; 3. Testing the J Curve Hypothesis; A3.1 Growth Phases II and III and J curve effect on latterA4.1 Annual Rate of Growth of GDP at Market Prices (2004-5 prices); 4. Recent Trends, Cycles and Shocks; A4.2 Rate of Growth of GDP at 2004-5 market price (quarterly)
• Sommario/riassunto: The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth acceleration following the reforms of the 1990s and its future prospects given the recent slowdown. It ; analysis the potential dangers and reasons for India’s growth slowdown and proposes policy reforms for sustaining fast growth.