India : Reducing Poverty, Accelerating Development

World Bank

New Delhi:Oxford University Press

关键词: ACCOUNTABILITY;    ACCOUNTING;    ACCOUNTING FRAMEWORK;    ADMINISTRATIVE REFORMS;    ADVERSE CONSEQUENCES;   

DOI  :  10.1596/0-8213-4775-6
RP-ID  :  20749

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Reducing poverty, and providing forminimum needs, is the ultimate yardstick against which tomeasure development. To this end, the study outlinesIndia's growth rate, improved social indicators, andpoverty reduction since the 1970s, but specifies that,despite this progress, poverty is a serious concern, wheresocial indicators remain below comparator countries. Humandevelopment is examined, focusing on social indicators,stating the delivery of health and education is fraught withlimited accountability for performance and with lowmanagement capacity. Governance is critical to development,but the country's inadequate and adverse factors hinderthe development of public administration, instead,performance incentives, and accountability within adownsized civil service, effective financial management, anddecentralization should be pursued. Infrastructure shouldattract private investments, but the perverse impact ofsubsidies preclude the provision of private services.However, regulatory agencies are imperfect alternatives tocompetition, but corporatization would be an essential stepin attracting the private sector. The study further reviewsderegulation to increase trade growth and improve labormarket flexibility. Conclusions call for reforms, arguing itwould lead to higher growth, favorable balance of payments,and further capital inflows, including foreign direct investments.