PRIVATISATION OF THE ECONOMY
CONCEPT OF PRIVATISATION: Privatisation has to be viewed in two ways: In a narrow sense, it implies the induction
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LIBERALISATION OF THE ECONOMY
CONCEPT OF LIBERALISATION The term “liberalization” in this context implies economic liberalization. The essence of this policy is that greater
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Read more1991 ECONOMIC REFORMS: NEW ECONOMIC POLICIES
In 1990s the govt. of India in order to come out of the economic crisis decided to deviate from its
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Read moreBefore 1991 Economic Reform
Since independence, India followed the mixed economy framework by combining the advantages of the capitalist economic system with those of
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Read moreEconomic growth figure does not give us correct assessment of an economy for the following reasons
Que- Economic growth figure does not give us correct assessment of an economy for the following reasons. First, economic growth
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Read moreFactors affecting economic growth in Developing Countries
Levels of infrastructure – e.g. transport and communication Levels of corruption, e.g what percentage of tax rates are
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Read moreDifferences between economic growth and economic development
BASIS FOR COMPARISON ECONOMIC GROWTH ECONOMIC DEVELOPMENT Meaning Economic Growth is the positive change in the real output of the
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