Economic Liberalization and Indian Economic Growth: What's the Evidence?
Economic Liberalization and Indian Economic Growth: What's the Evidence?
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经济自由化和印度经济增长:证据是什么?
DOI:
10.1257/jel.49.4.1152
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发表时间:
2011
影响因子:
12.6
通讯作者:
Wilima Wadhwa
中科院分区:
文献类型:
--
作者:
Ashkok Kotwal;Bharat Ramaswami;Wilima Wadhwa
India's growth and poverty performance over the last three decades has been a subject of great curiosity. Unlike the East Asian countries, India's growth spurt is not associated with exceptionally high domestic savings or foreign capital inflows or manufacturing exports. So what triggered the change in the growth trajectory? Did the market liberalization policies of the 1990s help? How have the initial conditions shaped the process? And how has the "Indian model" impinged on India's central problem of mass poverty? This paper surveys the literature and offers its own assessment of the drivers of change. (JEL I32, O13, O14, O15, O21, O47)