International Competitiveness, Investment and Finance: A Case Study of India

International Competitiveness, Investment and Finance: A Case Study of India

International Competitiveness, Investment and Finance: A Case Study of India

International Competitiveness, Investment and Finance: A Case Study of India

Synopsis

Using India as a case study, this well-written, concise book makes a compelling case for complimentary financial sector reforms and covers everything one needs to know to understand how a country becomes internationally competitive.

Excerpt

Why have some developing countries been successful in exporting manufactured goods when many others have not been is an issue that has engaged academicians and policy-makers for many years. in the post-WTO (World Trade Organisation) era of increasing globalisation, becoming internationally competitive is all the more important for developing countries. Many of the previous studies on international competitiveness have looked at 'real' determinants such as productivity, costs and technology. Quite independently, there is also a vast and rich literature that examines the role of finance in economic development. However, there is very little research integrating real and financial factors in a comprehensive manner to understand the determinants of international competitiveness. This book attempts to fill this gap.

Our interest in this area arose from our involvement in a multi-country research project funded by the International Development Research Centre (IDRC), Canada, in 1997-98. Subsequent to our involvement in this project, we felt there was a need to write a book that undertakes a detailed investigation of this issue for a developing country undergoing economic reforms such as India.

We would like to thank José Maria Fanelli and Rohinton Medhora as leaders of the IDRC-funded project for getting us interested in this area. Many others in the project provided detailed comments, which helped us enormously. We would like to thank in particular José Maria Fanelli, Paolo Guerrieri, Ari Kuncoro and Mustapha Nabli. idrc has been especially encouraging in allowing us to use the project funds for supporting the research in this book.

Much of the book was written while Ganesh-Kumar was visiting the School of Development Studies at the University of East Anglia, on a Commonwealth Fellowship. He would like to thank the Association of Commonwealth Universities and the British Council for providing this fellowship. He would also like to thank the School of Development Studies at the University of East Anglia for hosting him under this fellowship.

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.