7/23/2019 Economic Growth: Macro and Sectoral Perspectives

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Economic Growth: Macro and Sectoral Perspectives

The book consists of research studies in some aspects of economic growth. It has a total of

thirteen papers grouped into two sections.

Section-1 relates to the macro perspectives. The papers in this section deal with growth trends,

triggers, and retarders in different countries.

The second part deals with sectoral perspective. It looks at specific situations occurring indifferent sectors like automotive industry, pharmaceuticals industry, mineral industry, software

industry, financial services industry, hotels and tourism etc. It looks at the situations in different

countries also.

All in all, the book will be a valuable resource to researchers, academicians, teachers andmanagement students. A brief Overview of book is given in the following paragraphs.

Section-1: Macro Perspectives.MV Lakshmi, in her paper, is exploring the advantages and challenges of the demographic

dividend that India is having in the next few decades. She argues that the challenge before India

is to nurture this natural advantage by educating and training its young population.

Deepak Khanna, in his paper examines the inter-sector relationships among agriculture, industry

and services in the Indian context vis--vis eight other non-OECD countries from 1970 to 2005using econometric tools. He is able to quantify and establish the direction of causality; based on

these he has come up with interesting conclusions.

T R Bishnoiand T P Koiralahave made an attempt to study the growth experiences of Indian

states using endogenous growth theories over a horizon of 23 years. The paper examinesabsolute convergence and conditional convergence in growth performance of the states. The

hypothesis of conditional convergence is found to be more relevant.

Samarthia Thankappan explores the drivers of business towards sustainability in the Asian

context The author has surveyed the voluntary initiatives taken by businesses, the market-based

innovations, the regulatory measures and identifies future directions that will lead towardssustainability.

Zareen Abbassi, in her paper, explores the changing paradigms of human resource management

in the economic development of Pakistan. Pakistan is in the process of transforming from a

labour surplus economy to a skill-based economy.

7/23/2019 Economic Growth: Macro and Sectoral Perspectives

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G V Satya Sekhar is exploring the corporate governance practices in India, Australia and New

Zealand with specific reference to capital market and financial sector in these countries.

Section-2: Sectoral Perspective

Jaideep Motwaniand others in their paper have studied the need for implementing innovationnetworks in the Indian automotive industry. The authors conclude that such networks would do a

lot of good for the industry as a whole; they have also suggested a four-step plan of

implementation.

Anoop Patiar explore the relationship between financial and non-financial performance of starcategory hotels in the context of transformational leadership.

In the post-reform period the Indian pharma sector witnessed a spate of mergers, acquisitions and

restructuring. Paramjit Kaur has made an attempt to analyze the key issues that led to this

restructuring spree in the first decade of reforms since 1992.

Arun Kottolli examines the external triggers for the globalization trends among the Indian

software industry. The study also examines the transformation the industry went through frommere coding to high end value added activities.

Ali Mohalla Hosseini, in his paper documents the experience of implementing ERP in the

National Iranian Copper Industries Corporation. He highlights the hard as well as soft issues in

the successful implementation of ERP.

C Bathalaand A R Korukondhave documented the emergence of capital markets in the Balkan

region of Eastern Europe since the countries have started their journey in the 90s towards marketeconomies. The paper lists their achievements and their shortcoming as investment destinations.

G Parvatiand others explore the challenges and opportunities in the Indian financial sector since

liberalization began in the 90s.

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Economic Growth: Macro and Sectoral Perspectives

Editor: Verma P, Bala Bhaskaran P, Madhani PM

Editors. All rights reserved.

Although every care has been taken to avoid errors and omissions, this publication is being sold

on the condition and understanding that the information given in this book is merely forreference and must not be taken as having authority of or binding in any way on the author(s),

editor(s), publisher or sellers.

Neither this book nor any part of it may be reproduced or transmitted in any form or by anymeans, electronic or mechanical, including photocopying, microfilming and recording or by any

information storage or retrieval system, without prior permission in writing from the copyright

holder.

Trademark notice: Product or corporate names may be trademarks or registered trademarks, and

are used only for identification and explanation without intent to infringe.

Only the publishers can export this book from India. Infringement of this condition of sale will

lead to civil and criminal prosecution.

First Edition: 2008

Printed in India

Published by

IBS

Ahmedabad380054