Economic dynamics- balancing internal strengths

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India's Economic Dynamics: Balancing Internal Strengths with Global Integration Internal Factors The discussion on governance, political stability, and institutional quality is insightful. Enhancements: Governance: - Expand on regional disparities in governance effectiveness. For instance, compare governance successes in Gujarat with challenges in less-developed states. - India has experienced periods of rapid economic growth, yet persistent regional disparities and socio-economic inequalities remain entrenched challenges. - Include a table or visual that compares economic indicators across key Indian states. Political Stability: - Analyze the impact of coalition politics on policy continuity and economic growth. - Discuss the importance of political stability in attracting FDI. Institutional Quality: - Provide examples of institutional improvements, such as India's progress in the Ease of Doing Business rankings and their effects on entrepreneurship. 2. Key Historical Context The historical analysis of India's economic policies is robust. Suggestions: Expand on the transition from the protectionist pre-1991 period to the liberalized post-1991 era. Discuss the long-term impact of reforms like the Foreign Exchange Management Act (FEMA) on India's trade and investment environment.

Reference no: EM133828022

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