Impact of Financial Liberalisation on Efficiency in Capital Allocation: Evidence from Indian Manufacturing Sector,Used

Impact of Financial Liberalisation on Efficiency in Capital Allocation: Evidence from Indian Manufacturing Sector,Used

SKU: DADAX3639240804 In Stock
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Till early 1990s the Indian financial sector experienced "financial repression". The banking system was characterized by extensive regulations such as administered interest rates, directed credit programmes and strict prudential norms. Intermediation through securities markets was not popular due to lack of appropriate institutional arrangements and market microstructure. Pricing of initial and followon public offers were not determined by market. Financial sector reforms initiated in the early 1990s have attempted to overcome these weaknesses in order to enhance efficiency of resource allocation in the economy. Though the theoretical relationship between financial liberalization and economic growth has been well examined around the world providing contrasting results, the mechanisms through which the beneficial impacts of liberalization are realised (the major one being improving the efficiency in allocation of funds) have not been examined extensively. Infact, in Indian context this type of studies are very few in number and they also have certain limitations.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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