Pro bussiness model of development economics
The Eduladder is a community of students, teachers, and programmers just interested to make you pass any exams. So we solve previous year question papers for you.
See Our team
Wondering how we keep quality?
Got unsolved questions?

Ask Questions
Hey! Want to work with us? Our youtube channel See our Jd Want to apply? Do it today

Use Me  ?

New searches
TYBA---Economics-Paper---V---Growth--Development-Eng-University-of-mumbai-notes-->View question


Pro bussiness model of development economics

Explain pro business model of development which India adopted during 1960s economy

By:soumya

Taged users:
|neenu2

Likes:
Be first to like this question

Dislikes:
Be first to dislike this question

Talk about thisDelete|Like|Dislike|


Answers

Atul Kohli of Princeton gives India’s growth reform story a different twist..He looks whether India’s reforms were pro-market or pro-business. He says they were mostly pro-business and govt tried to stimulate growth  making policies favoring business interests..The distinction between pro-business and pro-market:
Whereas a pro-market strategy supports new entrants and consumers, a pro-business strategy mainly supports established producers [Rodrik and Subramanian 2004]. A pro-market strategy rests on the idea that free play of markets will lead to efficient allocation of resources, as well as promote competitiveness, hence boosting production and growth. This simple but venerable idea inspired the so-called “Washington consensus” on development during the 1980s and the 1990s [Williamson 1990].


ratika

Likes:
|soumya

Dislikes:
Be first to dislike this answer
Talk about this|Once you have earned teacher badge you can edit this questionDelete|Like|Dislike|
------------------------------------

Can you help us to add better answer here? Please see this



Not the answer you're looking for? Browse other questions from this Question paper or ask your own question.

Join eduladder!