Using India as a case study, this well-written, concise book covers everything one needs to know to understand how a country becomes internationally competitive. Showing that reforms that pertain to the real sector alone, such as industrial deregulation and trade reforms, are not enough to enhance a country's competitiveness, this book makes a compelling case for complimentary financial sector reforms.
Of interest to academics studying international trade, industrial economics and development economics, this book is also guaranteed to be extremely useful for professional economists and those involved with policy making in developed and developing countries.
Table of Contents
1. Competitiveness, Investment and Finance: Analytical Links 2. The Policy Environment in India 3. The Balance of Payments and National Competitiveness 4. The Determinants of Sectoral Competitiveness 5. Outward Orientation: A Firm-Level Analysis 6. Finance Constraints, Persistent Exporting and Investment 7. Conclusions and Policy Implications
A. Ganesh Kumar is Associate Professor at the Indira Gandhi Institute of Development Research, Mumbai, India.
Kunal Sen is Senior Lecturer in Economics at the School of Development Studies, University of East Anglia, UK.
Rajendra R. Vaidya is Associate Professor at the Indira Gandhi Institute of Development Research, Mumbai, India.
'This well written book will be of interest to a wide-ranging audience ... [it] certainly tries to address this gap in the literature and in the opinion of this reviewer achieves that objective.' - Journal of International Development