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India
			: Economic Reform and Growth

India : Economic Reform and Growth »

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

DOI: http://dx.doi.org/10.5089/9781557755391.084

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

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, a...

India

India »

Source: India : Recent Economic Developments

Volume/Issue: 1996/131

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 January 1997

ISBN: 9781451818529

Keywords: capital goods, tax revenue, capital inflows, foreign currency, capital formation

This report describes recent economic developments in India. It highlights that the real GDP growth accelerated from 61/4 percent in 1994/95 to 7 percent in 1995/96, reflecting mainly the growing response in the in...

India

India »

Source: India : Recent Economic Developments

Volume/Issue: 1995/86

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 1995

ISBN: 9781451818512

Keywords: capital formation, capital goods, tax revenue, capital inflows, interest payments

This paper describes economic developments in India during the 1990s. Since late 1993/94, economic activity has expanded rapidly. Fiscal policy was relaxed substantially in 1993/94, a move that was only partly reve...

I Overview

I Overview »

Source: India : Economic Reform and Growth

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

India has made substantial progress since 1991 on the path toward macroeconomic and structural reform. The benefits are becoming evident in a robust economic expansion, led by a recovery of private investmen...

II Long-Term Growth Trends

II Long-Term Growth Trends »

Source: India : Economic Reform and Growth

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

For most of the period since independence, India has combined a highly interventionist and inward-looking approach to economic development with generally conservative macroeconomic policies. The development...

III The Adjustment Program of 1991/92 and Its Initial Results

III The Adjustment Program of 1991/92 and Its Initial Results »

Source: India : Economic Reform and Growth

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

By the end of the 1980s, macroeconomic fundamentals in India were seriously deficient, leaving the country vulnerable to both domestic and external shocks. The deterioration in the fiscal accounts that began...

IV The Behavior of Private Investment

IV The Behavior of Private Investment »

Source: India : Economic Reform and Growth

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

As the results of the growth accounting exercise in Section II indicate, capital accumulation has been the main impetus to growth in India over the past thirty years. Gross domestic capital formation nearly...

V Fiscal Adjustment and Reform

V Fiscal Adjustment and Reform »

Source: India : Economic Reform and Growth

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

The links between fiscal policy, investment, and growth are complex. Changes in the overall fiscal balance as well as in the structure of expenditure and taxation have important implications for investment a...

VI Recent Experience with a Surge in Capital Inflows

VI Recent Experience with a Surge in Capital Inflows »

Source: India : Economic Reform and Growth

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

A striking aspect of India’s recent experience has been a remarkable surge in foreign investment. Historically, private capital flows to India have been low, discouraged by a tight regulatory regime as well...

VII Structural Reforms and the Implications for Investment and Growth

VII Structural Reforms and the Implications for Investment and Growth »

Source: India : Economic Reform and Growth

Series: Occasional Papers

Author(s): Richard Hemming , Woosik Chu , Charles Collyns , Karen Parker , Ajai Chopra , and Oliver Fratzscher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755391

Keywords: capital goods, capital formation, public enterprises, private investment, expenditure

Since 1991, India has introduced major reforms to improve the efficiency of resource allocation and expand the productive capacity of the economy. These reforms have focused on liberalizing product markets,...