Why india cannot sustain high economic growth

Assignment Help Business Economics
Reference no: EM131759701

"Why India Cannot Sustain High Economic Growth", by Kunal KumarKundu

In his article about India's prospects for growth, the author notes that "Per capita availability of food grain is falling as population is growing faster than food grain production. Deplorable rural infrastructure leads to India wasting an amount of food grain... . India's agriculture is still so very highly monsoon dependent..."

www.rediff.com 5/29/2008

If the author is suggesting that India's growth prospects are explained by the classical growth theory, we also expect that

  • labor productivity, which has risen in recent years, will eventually decline.
  • the subsistence wage will increase.
  • real GDP per worker will increase.
  • the economy will perpetually grow.

Reference no: EM131759701

Questions Cloud

Discuss the importance of alienation in the literature : Do not give any specific examples of characters in an introductory paragraph. Discuss the importance of alienation in the literature.
What happened to my annual raise : He had just discovered that raises had been handed out to several other mechanics in maintenance shop. What happened to my annual raise?”
Determining the potential tax ramifications : Joe Ji is married to Joy Ji and have 2 children, Sarah who is a freshman in college and Billy who is a junior in college. Together you made $160,000 in 2015.
Develops a new personalized laser gun : Rachel, an ingenious USC student, develops a new personalized laser gun. After graduating, she starts her business. As part of her business plan:
Why india cannot sustain high economic growth : "Why India Cannot Sustain High Economic Growth", by Kunal KumarKundu
Types of plans are important to a business : Business plans differ in the time horizons that they cover. explain why all three of these types of plans are important to a business.
Prepare general journal entry to record issuance of bonds : Johanna Corporation issued $3,000,000 of 8%, 20-year bonds payable at par value on January 1. Interest is payable each June 30 and December 31.
Should a property owner be allowed to use a bobby trap : Contrary to common law, today, in most, if not all states, a person cannot use deadly force in the defense of their property.
Numerical fill in the blank question : Numerical fill in the blank question: Suppose a perfectly competitive firm has the marginal cost function of MC = 3Q.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd