Occasional Papers

India: Economic Reform and Growth

By Richard Hemming, Woosik Chu, Charles Collyns, Karen Elizabeth Parker, Ajai Chopra, Oliver Fratzscher

June 1, 1995

Preview Citation

Format: Chicago

Richard Hemming, Woosik Chu, Charles Collyns, Karen Elizabeth Parker, Ajai Chopra, and Oliver Fratzscher. India: Economic Reform and Growth, (USA: International Monetary Fund, 1995) accessed November 22, 2024

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 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.

Subject: Balance of payments, Economic sectors, Expenditure, Foreign direct investment, National accounts, Private investment, Public enterprises, Public sector

Keywords: Capital goods, Capital goods import, East Asia, Eastern Europe, Expenditure switching, Foreign direct investment, Global, Growth record, India, Investment, Investment regime, Investment response, Liberalization, Middle East, OP, Private investment, Public enterprises, Public sector, South Asia, State responsibility, TFP growth

Publication Details

  • Pages:

    88

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Paper No. 1995/004

  • Stock No:

    S134EA0000000

  • ISBN:

    9781557755391

  • ISSN:

    0251-6365

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