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Item Details
Title: INDIA AND THE KNOWLEDGE ECONOMY
LEVERAGING STRENGTHS AND OPPORTUNITIES
By: Carl J. Dahlman, Anuja Utz
Format: Paperback

List price: £18.50


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ISBN 10: 0821362070
ISBN 13: 9780821362075
Publisher: WORLD BANK PUBLICATIONS
Pub. date: 30 June, 2005
Pages: 212
Description: Assessing India's progress in becoming a knowledge economy, this book suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure.
Synopsis: In the global knowledge economy of the twenty-first century, India's development policy challenges will require it to use knowledge more effectively to raise the productivity of agriculture, industry, and services and reduce poverty. India has made tremendous strides in its economic and social development in the past two decades. It's impressive growth in recent years - 8.2 per cent in 2003 - can be attributed to the far-reaching reforms embarked on in 1991 and to opening the economy to global competition. In addition, India can count on a number of strengths as it strives to transform itself into a knowledge-based economy - availability of skilled human capital, a democratic system, widespread use of English, macroeconomic stability, a dynamic private sector, institutions of a free market economy; a local market that is one of the largest in the world; a well-developed financial sector; and a broad and diversified science and technology infrastructure, and global niches in IT. But India can do more - much more - to leverage its strengths and grasp today's opportunities.""India and the Knowledge Economy"" assesses India's progress in becoming a knowledge economy and suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure. It highlights that to get the greatest benefits from the knowledge revolution, India will need to press on with the economic reform agenda that it put into motion a decade ago and continue to implement the various policy and institutional changes needed to accelerate growth. In so doing, it will be able to improve its international competitiveness and join the ranks of countries that are making a successful transition to the knowledge economy.
Illustrations: Illustrations
Publication: US
Imprint: World Bank Publications
Returns: Non-returnable
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