IMF Working Papers

Accelerating And Sustaining Growth: Economic and Political Lessons

By Arvind Virmani

July 1, 2012

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Arvind Virmani. Accelerating And Sustaining Growth: Economic and Political Lessons, (USA: International Monetary Fund, 2012) accessed November 23, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth acceleration following the reforms of the 1990s and its future prospects given the recent slowdown. It analysis the potential dangers and reasons for India’s growth slowdown and proposes policy reforms for sustaining fast growth.

Subject: Balance of payments, Environment, Foreign direct investment, Government debt management, Imports, Income, International trade, National accounts, Natural resources, Production, Productivity

Keywords: Asia and Pacific, Capital goods, Economic growth, Exchange rate, Financial crisis, Foreign direct investment, Global, High Growth Economies, Imports, Income, India, Land market, Low income, Natural resource, Natural resources, PHGE country, Policy Reforms, Political system, Productivity, Public goods, South Asia, Timing and Phasing., WP

Publication Details

  • Pages:

    46

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2012/185

  • Stock No:

    WPIEA2012185

  • ISBN:

    9781475505337

  • ISSN:

    1018-5941