Contradictions in development: growth and crisis in Indian economy

• Autorzy: Siddiqui K.

Warianty tytułu

PL

Sprzeczności w kontekście rozwoju: wzrost i kryzys w indyjskiej gospodarce

• Języki publikacji: EN PL

Abstrakty

EN

Since the pro-market reforms were launched, the Indian economy has grown from 5% in the 1980s to around 10% in 2011 before slowing down dramatically to less than half that rate in recent years. From launching of reforms until 2011, it did manifest some vivid and impressive signs of India moving towards high growth and increase in living conditions of its population. The purpose of this article is to access the likely effects of the reform measures on economic growth and poverty. Because the mainstream approach suggests that the reforms can be expected to increase economic growth and incomes. It seems that India’s growth has been led by the services sector, which includes real estates, IT, telecommunications, and banking, which contributes nearly 50% to the GDP in 2012. Manufacturing, which experienced remarkable growth and transformation in the East Asian economies, had rather grown much slower. The agriculture sector, which still employs nearly two-third of the India’s workforce, remains stagnant. The study suggests that education and health have been neglected in India and this will compromise productivity and growth.

PL

Od czasu gdy rozpoczęto reformy pro-rynkowe, indyjska gospodarka odnotowała wzrost od 5% w latach 80-tych XX wieku do 10% w 2011 roku, po czym gwałtownie zwolniła do poniżej połowy tego tempa w ostatnich latach. Od rozpoczęcia reform aż do 2011 roku, widoczne były wyraźne i imponujące oznaki podążania Indii w kierunku wysokiego wzrostu i podniesienia poziomu życia mieszkańców tego państwa. Celem niniejszego artykułu jest przeanalizowanie możliwych skutków i wpływu działań reformacyjnych na wzrost gospodarczy i ubóstwo. Najbardziej popularne podejście sugeruje, że można oczekiwać, iż reformy zwiększą wzrost gospodarczy i dochody. Wydaje się, że wzrost Indii był prowadzony przez sektor usług, który obejmuje telekomunikację, bankowość, IT oraz nieruchomości i który stanowił prawie 50% PKB w 2012 roku. Produkcja, która doświadczyła niezwykłego wzrostu i transformacji w gospodarkach Wschodniej Azji, wykazała znacznie niższy wzrost. Sektor rolnictwa, który cały czas zatrudnia prawie 2/3 siły roboczej Indii pozostaje w stagnacji. Niniejsze badanie sugeruje, że edukacja i służba zdrowia były zaniedbywane w Indiach i to zaszkodzi wzrostowi oraz produktywności.

Słowa kluczowe

EN

India; economy; economic reform; economic growth; economic performance; poverty; inequality

• Wydawca: -
• Czasopismo: Economic and Regional Studies
• Rocznik: 2014
• Tom: 07
• Numer: 3
• Opis fizyczny: p.82-98,fig.,ref.

Twórcy

autor

Siddiqui K.

• International Economics at the University of Huddersfield, Queensgate, Huddersfield - HD1 3DH, United Kingdom

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