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Inflation, Income Distribution and Economic Growth: An Empirical Study

 
Diwakar Dwivedi (Author) Nar Singh (Author)
Synopsis

It is generally agreed that inflation is socially unfair as it carries in its shadow serious and comprehensive outcomes of economic, social and political nature. Its instantaneous effect is distortion of price relation and degrades general confidence, prolonged inflation tends to direct investment away from strictly productive sector and thus slackens economic growth.

It is well recognized, in developing economies like India, that the goal of maximizing growth need to be supplemented by developmental objectives which include reduction in income disparities and eradication of poverty.

The effect of income distribution on economic growth and how inflation relates to income distribution has appeared in many studies. However, most of the studies are focused on the United States, the United Kingdom and the developing countries in Latin America. This book is a pioneer attempt to examine the relation among economic growth, income distribution and inflation in India. It contains an analysis of:

India’s claim of being an economic superpower.

Issues and measures of inflation in India.

Inflation and economic growth in India during pre-reform and post-reform period.

Economic growth, Income distribution and poverty trends.

Relationship among economic growth, inflation and income distribution in India.

Suggested anti-inflationary measures and equitable income distribution.

This book will be useful to NITI Commission, RBI, policy makers, Academicians/Researchers, besides post-Graduate students of economic and commerce.

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About the author

Nar Singh

Prof. Nar Singh (b. 1952) is teaching Applied Economics at the University of Lucknow. He is an awardee of Fellowships twice for Post-Doctoral Research at Budapest (Karl-Marx) University of Economics, Hungary, and Institute of Social Sciences (MSH), Paris. Eight students have been awarded Ph.D. degrees and nine students are pursuing for their researches under his guidance. His areas of specialization includes, International Trade, Industrial Economics, Regional Planning, Mathematical economics and Application of Quantitative Techniques. To his credit, he has got twenty research papers published in various national and international Journals of repute, besides his book 'Sharing of Productivity Gains in Indian Industry'.

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Bibliographic information

Title Inflation, Income Distribution and Economic Growth: An Empirical Study
Format Hardcover
Date published: 26.08.2017
Edition 1st. ed.
Publisher Regal Publications
Language: English
isbn 9788184846645
length xi+264p., Illustrations Black and White; 23cm.