India goes global : its expanding role in the world economy / / Catriona Purfield, Jerald Schiff editors

• Record Nr.: UNINA9910815076503321
• Pubbl/distr/stampa: Washington, D.C., : International Monetary Fund, 2006
• ISBN: 1-4552-1962-2; 1-4527-8969-X; 1-283-53432-0; 9786613846778; 1-4519-5017-9
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (204 p.)
• Collana: Books
• Altri autori (Persone): PurfieldCatriona; SchiffJerald
• Disciplina: 337.54
• Soggetti: Banks and banking - India; Fiscal policy - India; Textile industry - India; India Economic policy; India Economic conditions
• 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: Opening its doors: India's emergence on the global stage / Jerald Schiff -- Is economic growth leaving some states behind? / Catriona Purfield -- Trade and financial openness / Renu Kohli and Michael Wattleworth -- Maintaining competitiveness in the global economoy / Catriona Purfield -- How can India attract more foreign direct investment? / Sonali Jain-Chandra -- On the way to a world-class banking sector / Dmitriy Rozhkov -- Reining in state deficits / Catriona Purfield and Mark Flanagan -- Creating fiscal space: medium-term directions for tax reform / Mark Flanagan -- Making tax policy pro-growth / Helene Poirson -- Understanding the growth momentum in India's services / Enric Fernandez and Poonam Gupta -- Realizing the potential: the case of India's textile sector / Sonali Jain-Chandra and Ananthakrishnam Prasad.
• Sommario/riassunto: In the past few years, India has emerged as a global economic power. It is one of the world’s fastest-growing economies, the leading outsourcing destination, and a favorite of international investors. But even with India’s impressive recent achievements, the country continues to face considerable challenges as it seeks to sustain rapid growth and extend the benefits to all its citizens. Is India entering into a "Golden Age" or experiencing a period of rapid but ultimately unsustainable growth? The studies in this book examine in detail what lies behind India’s recent economic rise and considers the steps needed to build on this success over the medium term.