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Industrial Development Bank of India:: Evolution, Growth and Transformation - Couverture souple

Pati, Ambika

 
9783846591697: Industrial Development Bank of India:: Evolution, Growth and Transformation
Couverture souple
ISBN 10 : 3846591696 ISBN 13 : 9783846591697
Editeur : LAP LAMBERT Academic Publishing, 2011

Synopsis

Industrialisation plays strategic role in accelerating the pace of economic development. As the classical economists emphasize, industry is subject to the law of increasing return to scale, while the primary land-based sector is subject to diminishing return to scale (Kaldor, 1967). The growth of industry not only increases the Gross Domestic Product (GDP) with the net addition to the existing stock but also improves the standard of living and per capita income. Industrialisation is an inescapable part of the development process accompanying a gradual improvement in per capita income (Raul, 1959). Rapid rate of growth in industrial output results in quickening the pace of technological changes in the industrial sector and in accelerating the process of technological change in all other sectors like agriculture and services (Kaldor, 1967). In the initial stage, it is not possible to initiate and sustain such an industrialisation without an active role of the state in developing and adapting an institutional and policy framework to evolving circumstances and specific instruments of industrialisation suited to the stage of development of a country (Bhatt, 1993).

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Industrialisation plays strategic role in accelerating the pace of economic development. As the classical economists emphasize, industry is subject to the law of increasing return to scale, while the primary land-based sector is subject to diminishing return to scale (Kaldor, 1967). The growth of industry not only increases the Gross Domestic Product (GDP) with the net addition to the existing stock but also improves the standard of living and per capita income. Industrialisation is an inescapable part of the development process accompanying a gradual improvement in per capita income (Raul, 1959). Rapid rate of growth in industrial output results in quickening the pace of technological changes in the industrial sector and in accelerating the process of technological change in all other sectors like agriculture and services (Kaldor, 1967). In the initial stage, it is not possible to initiate and sustain such an industrialisation without an active role of the state in developing and adapting an institutional and policy framework to evolving circumstances and specific instruments of industrialisation suited to the stage of development of a country (Bhatt, 1993).

Biographie de l'auteur

Ambika Prasad Pati (b.13/02/1969) working as an Assoc. Professor in the Dept. of Commerce, NEHU, Shillong, India is M Com, M Phil and Ph D in Commerce, a law graduate and an Assoc. member of ICWAI. He is involved in teaching and research areas of finance, supervised six Ph D scholars, undertaken three projects, and published 36 research articles.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2011
Langue
anglais
ISBN 10 
3846591696
ISBN 13 
9783846591697
Reliure
Broché
Nombre de pages
200
Coordonnées du fabricant
non disponible
Personne responsable
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