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India
Economic Reform and Growth
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Abstract

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 condition; education, labor employment, and poverty; growth, accumulation, and productivity; 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; 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.

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Author:
Mr. Richard Hemming
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Woosik Chu https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Charles Collyns
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Ms. Karen Elizabeth Parker https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Ajai Chopra
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Mr. Oliver Fratzscher https://isni.org/isni/0000000404811396 International Monetary Fund

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Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
01 Jun 1995
DOI:
https://doi.org/10.5089/9781557755391.084
ISBN:
9781557755391
ISSN:
0251-6365
Pages:
88
Keywords:
OP; investment; India; liberalization; TFP growth; growth record; capital goods import; expenditure switching; state responsibility; investment response; capital goods; investment regime; Public enterprises; Private investment; Foreign direct investment; Public sector; East Asia; Global; South Asia; Eastern Europe; Middle East
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.
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