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Nonmarket Strategy in India

In: Nonmarket Strategy in Business Organizations

Author

Listed:
  • John A. Parnell

    (University of North Carolina at Pembroke)

Abstract

With over 1.3 billion people, India is the world’s second most populous country. Nonetheless, its economy struggles to compete with those of smaller Western European nations like France, Germany, and the UK, all of which benefit from more stable political situations and greater freedom. Although India’s economy ranks 130 in the Index, the country has made significant progress in an initiative toward liberalization and deregulation (see Table 6.1). Consider that in 1995, India’s economic freedom score was only 45.1, which fell into the Index’s “repressed” category. Nonetheless, the nation continues to be undermined by corruption, overregulation, irresponsible spending, and a lack of commitment to the rule of law (Miller et al. 2018).

Suggested Citation

  • John A. Parnell, 2019. "Nonmarket Strategy in India," Springer Books, in: Nonmarket Strategy in Business Organizations, chapter 0, pages 65-74, Springer.
  • Handle: RePEc:spr:sprchp:978-3-319-93242-2_6
    DOI: 10.1007/978-3-319-93242-2_6
    as

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