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2773 items in total found

Working Papers | 1993

First Estimates of Stock of Capital at State Level and Data Gaps in India

Ravindra H. Dholakia

In the present paper the methodology and data sources to construct estimates of capital stock as on March 31, 1961 for 15 major state economies in India are described pointing out gaps in the availability of required data. The estimates of capital stock at state level in India are also presented by three broad sectors: primary, secondary and tertiary for the year 1960-61.

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Working Papers | 1993

Psychology and the Challenge of the Postmodern Condition

Giri Ananta

We are living in the midst of very fundamental processes of transformation which are global in nature and which touch almost all the domains of our lives, transforming both the contours of our lives and the horizons of our culture. Postmodernism refer to those processes of transformation, which challenge the discourse and organization of modernity, and which strive to create a more meaningful world for the human beings. Postmodernism not only challenges the way we imagine state and society, self and subjectivity in our contemporary world, it is also challenges the way we construct our sciences and the methods we use to make sense of the human condition. The present paper briefly describes the processes of postmodern transformation and then their implication for the way we imagine issues in psychology.

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Working Papers | 1993

Indian Economic Forecast: 1 September, 1993

Rastogi A B

Is 1993-94 a reform holiday to build a consensus in the country and a stronger political resolve to undertake a fresh EFF form 1994-95? A battery of committees suggests that, though the government has postponed the EFF negotiations until after the 1993-94 budget, the government is going to announce further reforms in the trade sector and political commitment to reforms. The Government's balancing act of stimulating economic activity and pursuing structural reform, coping with political tensions means that economy has gone into a transition phase. Notwithstanding the decline in the pace of reforms a 'silent revolution' in attitude towards a market friendly economic system is taking place in India.

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Working Papers | 1993

Human Development 1993 - Where do We Go From Here?

T. V. Rao

The UNDP Human Development Report of 1993 ranks India 134 out of a total of 173 countries. This raises serious questions about India's human development policies and procedures. This paper attempts to examine India's position in relation to other Asian countries on different dimensions of human development. Particularly literacy, life expectancy, science and technological capabilities, women's development are included in this comparison. On the basis of an examination of the experiences of other countries a number of strategies are drawn. The strategies drawn here are based on a survey of literature carried out by the author at the Institute of Development Studies, University of Susses, England and supported by the Commonwealth Secretariat, London.

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Working Papers | 1993

The Attribution Process in Person Perception: An Attributional Analysis of Success and Failure

Muncherji Nina B

How can we understand an individual? To understand him, there are several different sources of information, for e.g. his physical characteristics or collecting information indirectly through his friends and acquaintances, or else we may observe his over actions. Attribution refers to the process through which we seek to understand others' major traits and the causes behind their behaviour. Here an attempt has been made to study the causal attribution for services and failure of 37 Middle Management Executives with regard to a particular situation and to find out whether self serving Bias' is found within the group.

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Working Papers | 1993

On the Existence and Efficiency of a Voting Equilibrium for a Public Good Economy

Lahiri Somdeb

The main purpose of this paper is to formalise the concept of a compromise function. Subsequently, given a compromise function, we define a voting equilibrium and prove the existence of such an equilibrium. Finally, we close our analysis by showing that under some assumptions a voting equilibrium is Pareto optimal.

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Working Papers | 1993

When AAA Means B: The State of Credit Rating in India

Ragunathan V and Jayanth R. Varma

As in many other countries, India five year old credit rating industry has grown rapidly amidst persistent doubts about the quality of the rating service. This paper evaluates the ratings given by India leading credit rating agency, CRISIL. We find that CRISIL ratings are not only too liberal by international standards but also internally inconsistent. We argue that to improve the quality of credit rating in India, there must be more competition; credit rating must be opened up to the private sector; and raters must provide unsolicited ratings.

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Working Papers | 1993

Structural Features of Indias Financial System: 1980-92

Rastogi A B and Ghose Amitabha

The objective of this paper is to provide a concise description of the Indian Financial System from macro-economic perspective. The study analyses the evolution and interrelations of the financial system using the flow of funds framework and other tools of financial planning. The Financial intermediation by the banking sector waned a little as other financial companies gained importance in the economy. However, new assets, deposits and credits outstripped the growth rate of the economy.

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Working Papers | 1993

Scale, Equity and Efficiency: A Stone May Kill More Than One Bird

Prakash Aseem and Anil K. Gupta

Policy goals of efficiency, equity, and sustainability may not be independent. Also the policy instruments. i.e. price mechanism, fiscal policy, and scale may be related. We need to find answers about who shall decide the scale at the national and international level? If equity and scale are related, the interests of the countries in the resource-intensive growth phase and of the post-industrial societies, my clash.

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Working Papers | 1993

On Internalization of Externalities

Anil K. Gupta and Prakash Aseem

Externalities can be internalized through market mechanism, government regulation, or self-governing institutions or a mix of these institutions. We recommend the institutional route which minimizes total cost (sum of technology, management, and transaction costs) to the firm. These costs are influenced by the externality attributes (occurrence, polluter, spatial, time and technology). Different institutions may be appropriate for different stages and social contexts of an externality.

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