Indian Economic Reforms

Introduction PART I: FINANCIAL SECTOR DEVELOPMENTS Issues in the Choice of a Monetary Regime for India ; W.J.McKibbin & K.Singh On the Endogeneity of the Money Multiplier in India; R.Jha & D.P.Rath Financial Fragility in Indian Stock Markets: The Decade of the Nineties - A Time Series Study; A.Sarkar, K.K.Roy & S.K.Mallick A Perspective on Saving, Investment and Macroeconomic Policies in India in the 1990s; M.Saggar Exchange Rate Policy in India; P.Sen Macroeconomics of Credit: An Indian Perspective; D.P.Rath & D.Bose The Fiscal Constraint on India's Economic Growth ; R.Jha, S.Chand & A.Sharma PART II: THE INDUSTRIAL SECTOR Technology, Productivity and Export Growth of Engineering Industry in India; A.Kumari Public and Private Investment Expenditure and its Linkages with FDI: A Case Study of India; S .Tutakne, S.Gupta & P.Apte Liberalisation and Business Investment in India; P.C.Athukorala & K.Sen The Current State of Corporate Governance in India; S.B.Dahiya & D.Gupta PART III: INDIA'S EXPOSURE TO THE GLOBAL ECONOMY The Impact of a Decade of India's Trade Reforms; K.Kalirajan Do Productivity Spillovers from Japanese and US Firms differ; R.Banga PART IV: SECTORAL AND REGIONAL ISSUES Growth in India's State Economies Before and With Reforms: Shares and Determinants; S.Bhide & R.Shand Testing Market Integration in Indian Agriculture; E.Wilson Indian Software Industry: Growth Patterns, Constraints and Government Initiatives; C.Chakraborty & D.Dutta India's Infrastructure Sector; R.Jha and P.Thapa PART V: INDIAN SOCIAL SECTOR Income Generation Program and Empowerment of Women: A Case Study in India; S.Basu & P.Basu Are the Poor More Vulnerable to Income Shocks? An Analysis of Consumption Insurance in Rural India; P.Maitra Rural Poverty in India: Structure, Determinants and Suggestions for Policy Reform; R.Jha