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Despite rapid economic growth, the Indian economy is facing numerous social and developmental challenges which are a major hindrance to sustainability. This volume of the Entrepreneurship and Global Economic Growth series sheds light on economic and social challenges, policy reforms, and future dynamics and solutions.
Modeling Economic Growth in Contemporary India focuses on core topics of economic disruption caused by the Covid-19 pandemic, changes in socio-cultural relationships, behavioural patterns and psychological attitudes governing human interaction, and government policies to stabilize the Indian economy and contribute to sustainable growth. Topics are explored such as macroeconomics, trade, manufacturing, agriculture and tourism to thoroughly examine the challenges to economic growth throughout India.
Scholars, researchers, policy makers and management practitioners will benefit from understanding the effects of the pandemic in economic and social well-being terms to facilitate growth and fuel sustainable development strategies in India.
Chapter 1. Forecasting Major Macroeconomic Variables Of The Indian Economy; Bhavya Advani, Anshita Sachan, Udit Kumar Sahu, and Ashis Kumar Pradhan
Bruno S. Sergi is an Instructor at Harvard University, where he is also a Faculty Affiliate at the Center for International Development and the Harvard Ukrainian Research Institute, and Full Professor of Political Economy, University of Messina, Italy. He is co-Director of the Lab for Entrepreneurship and Development (LEAD), a research lab based in Cambridge, USA, that aims to generate and share knowledge about entrepreneurship, development, and sustainability.
Aviral Kumar Tiwari is an Associate Professor of Economics at the Indian Institute of Management Bodh Gaya (IIMBG) in the Department of Economics and Business Environment. His main areas of research interest are energy and environmental economics, and tourism.
Samia Nasreen is an Associate Professor in the Department of Economics at Lahore College for Women University, Lahore, Pakistan. Her primary research interests are in development economics, energy economics, environmental economics, and financial economics.