This article provides information about the development experience of India with that of Brazil: India and Brazil, both the nations are strikingly similar in many aspects. They had similar policies between 1950-1980 (Import Substitution, trade barriers, etc.), started their liberalisation process at approximately the same time (early 1990s) and both of them, for a very […]
Development Experience of India with that of Brazil – Explained!
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How Industrialisation Accelerated the Economic Development? – Explained!
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This article provides information about “How Industrialisation accelerated the Economic Development?” The industrialisation process from the 1950s to the 1970s led to the expansion of important sectors of the economy such as the automobile industry, petrochemicals, and steel, as well as to the initiation and completion of large infrastructure projects. (more…)
Pre-conditions that Prepare Society for New Development Initiatives
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This article provides information about the pre-condition that led society for new development initiative: Surplus energy, awareness of opportunities and the aspiration for advancement are pre-conditions that prepare society for new development initiatives. This is not a linear process. The three factors interact with one another in complex ways to generate a’ growing pressure and […]