Information Embedded in Directors and Officers Insurance Purchases
In: The Geneva papers on risk and insurance - issues and practice, Volume 37, Issue 3, p. 429-451
ISSN: 1468-0440
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In: The Geneva papers on risk and insurance - issues and practice, Volume 37, Issue 3, p. 429-451
ISSN: 1468-0440
In: Journal of economics and business, Volume 62, Issue 6, p. 537-561
ISSN: 0148-6195
In: Journal of public affairs, Volume 23, Issue 1
ISSN: 1479-1854
The infrastructure sector is one of the major pillars for economic growth and development of a country. The responsibility to develop this crucial sector is shifting away from the public to the private sector. After the economic liberalization in 1991, India opened the infrastructure sector, among many others, to private domestic and foreign investment. The shortage of electricity, the poor state of roads, and limited telecom access necessitated a stream of persistent reforms, which were expected to play a significant role in the infrastructure sector's growth. Although some subsectors witnessed success, others continued to face hurdles. The paper highlights the role of infrastructure in socio‐economic development through global literature. It also presents a story of infrastructure development in India since the inception of economic liberalization. It highlights various challenges that discourage private sector investments, thus providing a rationale for policy initiatives by the government. The paper also presents critical issues highlighted by multiple government committees over nearly three decades and identifies residual issues that merit attention. The outcomes of the paper are relevant in the context of developing and emerging economies.
In: The Geneva papers on risk and insurance - issues and practice, Volume 37, Issue 1, p. 108-124
ISSN: 1468-0440
In: International Review of Finance, Volume 19, Issue 4, p. 821-850
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In: Journal of International Money and Finance, Forthcoming
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In: Journal of Finance, Volume 79, Issue 3, June 2024, Pages 2339-2390.
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