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This is one of the first books to provide a comprehensive analysis of the determinants of saving and investment in India. It examines the role of financial factors in economic development. The Analysis provides a detailed account of the underlying growth process and related social, political and institutional aspects. Combining quantitative methods with qualitative analysis, this work examines: Economic policies prevailing in India since independence; The ...
Sri Lanka's experience provides a valuable repository for the study of the impact of transition from import-substitution to outward-oriented policy on industrial growth and adjustment in a developing economy. The authors document and evaluate the structure and growth of output, export orientation, factor proportions, employment, and productivity in the Sri Lankan manufacturing sector. A comparative analysis is made in the context of existing literature on the ...