India: Economic Reform and Growth

Author/Editor: Chopra, Ajai ; Collyns, Charles ; Hemming, Richard ; Parker, Karen Elizabeth ; Chu, Woosik ; Fratzscher, Oliver
Publication Date: June 01, 1995
Summary: This paper explores the Indian adjustment program of 1991/92 and its initial results. The contents include long-term growth trends for output, investment, and macroeconomic conditions; education, labor, employment, and poverty; growth, accumulation, and productivity; and results of India-specific studies; the stabilization and adjustment strategy; the response to the reforms; the impact on unemployment and poverty; the behavior of private investment; fiscal adjustment and reform; recent experience with a surge in capital inflows: overall trends, the investor base, comparison with other countries, and factors behind the flows; the impact on the economy; and the sustainability of capital flows; and, structural reforms and the implications for investment and growth: trade reform; the investment regime; public enterprise reform; and financial market reform.
Series: Occasional Paper No. 134
Subject(s): Economic reform | Economic growth | Adjustment policy | Private investment | Fiscal reforms | Capital inflows | Investment | Structural adjustment | India

Publication Date: June 01, 1995
ISBN/ISSN: ISSN 0251-6365 ; ISBN 1-55775-539-6 Format: Paper
Stock No: S134EA0000000 Pages: ix+74
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