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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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Economic Slowdown in India - An Introductory Analysis (Hardcover)
Loot Price: R4,010
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Economic Slowdown in India - An Introductory Analysis (Hardcover)
Expected to ship within 12 - 19 working days
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The devastating effect of Covid19 on the Indian economy is by now
well-known. The growth rate of the economy slumped to a negative
figure in the year 2020-21. What is less talked about, however, is
the fact that growth slowdown in India had started several years
before the pandemic struck. The two questions that naturally arise
are: what explains the long economic slowdown and what can be done
about it. This book is an in-depth analysis of the economic
slowdown in India in recent years and the reasons behind the
persistent slowdown in the growth rate of the Indian economy in the
2010s, especially in the latter half of the decade. While
discussing both macro- and microeconomic policies, the volume
examines how the perspective on economic policy has evolved over
time in consonance with experience by investigating major instances
of such slowdowns in the past. Three global slowdowns (viz. the
Great Depression of 1929, the stagflation induced by the oil crisis
of the 1970s and the Global Financial Crisis of 2007) and the
industrial deceleration in India in the late 1960s and early 1970s
are discussed. The author also probes into the problems of
inequality, poverty, inflation in the Indian economy pre- and post-
pandemic and policies targeted towards development, manufacturing,
and distribution of vaccines. The book further discusses possible
economic impacts of the Ukraine War and the long-term problem of
global warming. Concise and thoroughly researched, this book will
be of interest to beginners, scholars, research students and
teachers interested in economics, policy making and development
studies.
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