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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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Before 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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Economic 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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Factors 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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Differences 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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