Modinomics: Design, Implementation,Outcomes, and Prospects
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This paper presents an analysis of the key elements of Modinomics, defined as “everyone’s participation, everyone’s progress.” It investigates the reasons why Modinomics was necessary, the key elements of Modinomics, and how this policy was implemented. It argues that India’s economic policy has had continuity since the economic reform package of 1991, so Modinomics has involved a high component of better implementation. Nevertheless, there have been some major policy changes as well. The paper...[Show more]
dc.contributor.author | Jha, Raghbendra | |
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dc.date.accessioned | 2019-07-16T05:52:28Z | |
dc.identifier.issn | 1832-8105 | |
dc.identifier.uri | http://hdl.handle.net/1885/164611 | |
dc.description.abstract | This paper presents an analysis of the key elements of Modinomics, defined as “everyone’s participation, everyone’s progress.” It investigates the reasons why Modinomics was necessary, the key elements of Modinomics, and how this policy was implemented. It argues that India’s economic policy has had continuity since the economic reform package of 1991, so Modinomics has involved a high component of better implementation. Nevertheless, there have been some major policy changes as well. The paper discusses the deep structural reforms of demonetization and a Goods and Services Tax as well the new Insolvency and Bankruptcy Act. The paper examines the record of economic growth under Modi as well as new welfare and employment programs to make economic growth more inclusive. Finally, the paper examines the medium and long-term growth prospects for India. | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_AU | |
dc.publisher | Blackwell Publishing Ltd | |
dc.rights | © 2018 Japan Center for Economic Research | |
dc.source | Asian Economic Policy Review | |
dc.subject | demonetization | |
dc.subject | economic growth performance | |
dc.subject | GST | |
dc.subject | Modinomics | |
dc.subject | welfare programs | |
dc.title | Modinomics: Design, Implementation,Outcomes, and Prospects | |
dc.type | Journal article | |
local.description.notes | Imported from ARIES | |
local.identifier.citationvolume | 14 | |
dcterms.dateAccepted | 2018-06-21 | |
dc.date.issued | 2018-11-05 | |
local.identifier.absfor | 140219 - Welfare Economics | |
local.identifier.absfor | 140202 - Economic Development and Growth | |
local.identifier.absfor | 140212 - Macroeconomics (incl. Monetary and Fiscal Theory) | |
local.identifier.ariespublication | U1061771xPUB91 | |
local.publisher.url | https://onlinelibrary.wiley.com | |
local.type.status | Published Version | |
local.contributor.affiliation | Jha, Raghbendra, College of Asia and the Pacific, ANU | |
local.description.embargo | 2037-12-31 | |
local.bibliographicCitation.issue | 1 | |
local.bibliographicCitation.startpage | 24 | |
local.bibliographicCitation.lastpage | 41 | |
local.identifier.doi | 10.1111/aepr.12236 | |
local.identifier.absseo | 910103 - Economic Growth | |
local.identifier.absseo | 910199 - Macroeconomics not elsewhere classified | |
dc.date.updated | 2019-03-31T07:20:12Z | |
local.identifier.scopusID | 2-s2.0-85055944702 | |
Collections | ANU Research Publications |
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