Contractualisation in India’s manufacturing industry and the economic reforms of the early 1990s: an analysis based on ASI data

The owners of capital have an inherent tendency and interest to exercise effective control over the production process. This is considered necessary to maximize their profit in a given situation. The process of economic reforms as initiated since July 1991 on a firm and bold footing in India have facilitated the this process of increased control of owners of capital over the production processes through their representatives, the managers, professionals and technocrats. This behavior of the firms has changed the demand for non-production and production workers in a firm or industry. Using the ASI data at 2-digit level an attempt has been made in this paper to identify some important determinants which might have influenced the demand for nonproduction workers or skilled workers in Indian manufacturing industries. For this purpose the stepwise regression coefficients was estimated which have explained changes in the ratio of non-production to production workers (NP/P). It was observed that the variables identified as important determinants of changes in the relative demand for the non-production workers (skilled workers) in Indian manufacturing industries exert their influence in different directions and in varying degrees on a particular industry and across industries also. Hence the policies formulated and implemented to augment the level of productivity and employment should be industry specific under the broad industrial policy framework

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Price setting in the argentine and colombian manufacturing industry

10.32468/be.90 ◽

1998 ◽

Author(s):

Juan Carlos Echeverry

Keyword(s):

Manufacturing Industry ◽

Price Setting

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Positive Reintegration as a Way of Small and Medium-Sized Business Development

Voprosy Ekonomiki ◽

10.32609/0042-8736-2012-6-83-88 ◽

2012 ◽

pp. 83-88

Author(s):

A. Zolotov ◽

M. Mukhanov

Keyword(s):

Policy Implementation ◽

Policy Making ◽

Economic Reforms ◽

Alternative Possibility ◽

New Approach ◽

Compensation Mechanisms ◽

Policy Making Process ◽

Monitoring And Enforcement ◽

The Subject ◽

Modernization Process

А new approach to policy-making in the field of economic reforms in modernizing countries (on the sample of SME promotion) is the subject of this article. Based on summarizing the ten-year experience of de-bureaucratization policy implementation to reduce the administrative pressure on SME, the conclusion of its insufficient efficiency and sustainability is made. The alternative possibility is the positive reintegration approach, which provides multiparty policy-making process, special compensation mechanisms for the losing sides, monitoring and enforcement operations. In conclusion matching between positive reintegration principles and socio-cultural factors inherent in modernization process is provided.

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Institutionalism: Theory, Decision-making Basis, Method of Criticism

Voprosy Ekonomiki ◽

10.32609/0042-8736-2009-3-110-124 ◽

2009 ◽

pp. 110-124 ◽

Cited By ~ 2

Author(s):

A. Moskovsky

Keyword(s):

Decision Making ◽

Institutional Economics ◽

Economic Reforms ◽

The State ◽

Economic Approach ◽

Main Attention ◽

Technological Imperative ◽

Logical Inconsistency ◽

Basis Method

The author analyzes the state of institutional economics in contemporary Russia. It is characterized by arbitrary confusion of the ideas of «old», «new» and «mathematical» versions of institutionalism which results in logical inconsistency and even eclectics to be observed in the literature. The new and mathematical versions of institutionalism are shown to be based on legal, political and mathematical determinism tightly connected with the so-called «economic approach» (G. Becker). The main attention is paid to the discussion of theoretical and practical potential of the contemporary classical («old») institutionalism. The author focuses on its philosophical grounds and its technological imperative, the institution of science, the method of criticism, the opportunity of using classical institutionalist ideas as the ideology of economic reforms in Russia.

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