Cover image for Accelerating And Sustaining Growth : Economic and Political Lessons.
Accelerating And Sustaining Growth : Economic and Political Lessons.
Title:
Accelerating And Sustaining Growth : Economic and Political Lessons.
Author:
Virmani, Arvind.
ISBN:
9781475556292
Personal Author:
Physical Description:
1 online resource (47 pages)
Series:
IMF Working Papers
Contents:
Cover -- Contents -- 1. Introduction -- 2. Fast Growing Economies -- 2.1 Definitions and Un-sustainability -- 2.2 High Growth Economies (HGEs) -- 2.3 Potential High Growth Economies (pHGEs) -- 2.4 Catch up Growth and Middle Income Trap -- 2.5 Sustaining Growth : Lessons -- 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 -- 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 -- Tables -- 1. Decade Average per Capita GDP growth - Cross correlation -- 2. Fast growth period - per Capita Gdp growth and Potential Determinants -- A2.1 Asian HGEs rate of Growth of per capita GDP -- A2.2 Asian pHGEs rate of Growth of per capital GDP -- Figures -- 1. Potential Growth rate of Indian Economy -- 2. Post 1990 Trend and J Curve -- A3.1 Growth Phases II and III and J curve effect on latter -- A4.1 Annual Rate of Growth of GDP at Market Prices (2004-5 prices) -- A4.2 Rate of Growth of GDP at 2004-5 market price (quarterly) -- Charts -- 1. Economies whose fast growth was due to Recovery from Past Collapse -- 2. High Growth Economies (1961 to 2011) -- 3. Economies which showed Fast growth because of Recovery from Past Collapse -- 4. Economies which showed High Growth Potential (1961-2011) -- 5. Ratio of country PcGdp PPP to USA at start and end of fast growth period.

6. Catch-up Growth-Middle Income Trap (MIT) -- Appendices -- 1. Asian Fast Growing Economies -- 2. China Growth -- 3. Testing the J Curve Hypothesis -- 4. Recent Trends, Cycles and Shocks.
Abstract:
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.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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