India's Growth Prospect: Structural Impediments

2015 ◽  
pp. 127-158
Author(s):  
Kirit S. Parikh
Keyword(s):  
2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Natasha Che

Uruguay experienced one of its biggest economic booms in history during 2004-2014. Since then, growth has come down significantly. The paper investigates the various causes of the boom and discusses the sustainability of these causes. It then compares Uruguay against high-growth countries that were once at a similar income level, across a broad set of structural indicators, to identify priority reform areas that could improve long-term growth prospect.


1997 ◽  
Vol 97 (125) ◽  
pp. 1 ◽  
Author(s):  
Patricia Alonso-Gamo ◽  

Author(s):  
Bosede Olanike Awoyemi ◽  
Aderonke Abisola Makanju

This study identifies the growth prospect of financing Micro, Small and Medium Enterprises (MSMEs) in Nigeria and the challenges that constitute a hindrance to the growth of MSMEs in Nigeria. This study employed descriptive analysis, simple percentages and deductive method to describe the growth prospect of financing MSMEs and the problems experienced by the MSMEs. It was found that the growth and survival of MSMEs are still hampered by inaccessibility to funds owing to different reasons and challenges. The chief among the challenges is that financial institutions look at many MSMEs as high risk debtors without credit worthiness. The key finding of this study is that the financial support in term of loans given to MSMEs by the financial institutions has been declining continuously over the years and this hamper the growth prospect of MSMEs. The Federal Government should formulate policies that would encourage MSMEs to begin to source funds from the capital market through the introduction of the third-tier security market since there is an increasing growth in the number of MSMEs in Nigeria.


2016 ◽  
Vol 14 (1) ◽  
pp. 38-47 ◽  
Author(s):  
Santanu K. Ganguli

The paper investigates the characteristics and performance of the persistent high liquidity firms in India in the backdrop of ownership concentration. Empirical evidence reveals that the persistent high liquidity firms consistently post superior performance, have better growth prospect and resort to less debt financing. Ownership structure has no influence on the performance of such firms. Consistent with trade off theory we find that persistent cash holding as a policy beyond a certain period may hinder performance. Industry-and- size matched comparison firms with non-persistent liquidity tend to overinvest having a negative impact on performance. Ownership concentration adversely impacts performance of such firms.


Author(s):  
Wali I. Mondal

The Union of Soviet Socialist Republics broke down in 1991 giving birth to 15 Newly Independent States. Soon after independence, all post-Soviet states engaged in reforming their economies by abandoning the Gosplan-style central planning. In their quest for economic growth, all 15 States formed trade unions; however, these trade unions did not lead to any significant regional growth. On the other hand, both group-based and individual microcredit operations, conducted through microfinance institutes succeeded in four out of the five post-Soviet Central Asian Countries. This paper analyzed 43 microfinance institutes in 4 post-Soviet Central Asian Countries and found that there was significant prospect for the development of microentrepreneurship in the region. In order to promote economic growth, the author recommends formation of a consortium of microfinance institutes in the region with membership of all five countries. Further studies are needed to ascertain the growth prospect of the post-Soviet Central Asian Countries through the development of microentrepreneurship.


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