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Book part
Publication date: 8 June 2021

Subhankar Parbat, CS Trupti Upadhyay and Adwitiraj Banerjee

“Digital India” was launched by the Government of India in July 2015, with a vision of transforming India into a digitally empowered society and knowledge economy. India's…

Abstract

“Digital India” was launched by the Government of India in July 2015, with a vision of transforming India into a digitally empowered society and knowledge economy. India's momentum toward digitalization took a swift pace after the demonetization of currency notes of 500 and 1,000 rupees. The government stressed the use of digitalized payments through apps that use UPI (Unified Payment Interface) and Core Banking System to move the banking sector toward a more digitalized system. The Nordic countries, on the other hand, had a developed digitalized system from the late 1990s and in the present context, they are in paramount positions in terms of global digitalized economies. In recent times Nordic countries like Norway, Sweden, Denmark, and Finland have performed overwhelmingly in terms of Digital Economy and Social Index (DESI). The Internet penetration in India and the use of mobile phones in the country is compared with the Nordic countries, trying to present the comparative advantage in those countries.

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Comparative Advantage in the Knowledge Economy
Type: Book
ISBN: 978-1-80071-040-5

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Book part
Publication date: 26 November 2019

Trupti Upadhyay and Subhankar Parbat

Vietnam is a land that has seen turbulent past and has faced huge damage as being a land for proxy war between the USA and the USSR, but yet it has risen and liberated itself out…

Abstract

Vietnam is a land that has seen turbulent past and has faced huge damage as being a land for proxy war between the USA and the USSR, but yet it has risen and liberated itself out by adapting renovation or Doi-Moi as it is formally called in Vietnam. The purpose of this chapter is to identify the major impact of trade liberalization and trade integration on the Vietnamese economy. Through this chapter we have tried to bring out the changes that took place in the Vietnamese economy post liberalization. The structural change that took place in the Vietnamese economy due to liberalization is analyzed in this chapter. We have used paired sample T-test and Chow Test (F-Test) to observe the change as Vietnam joined the WTO. The effect that the various policy and FTA that Vietnam had after joining the WTO will be analyzed through this chapter.

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The Gains and Pains of Financial Integration and Trade Liberalization
Type: Book
ISBN: 978-1-83867-004-7

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Content available
Book part
Publication date: 8 June 2021

Abstract

Details

Comparative Advantage in the Knowledge Economy
Type: Book
ISBN: 978-1-80071-040-5

Content available
Book part
Publication date: 26 November 2019

Abstract

Details

The Gains and Pains of Financial Integration and Trade Liberalization
Type: Book
ISBN: 978-1-83867-004-7

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