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Economic Reform and the Liberalisation of the Indian Economy: Essays in Honour of Richard T. Shand

Economic Reform and the Liberalisation of the Indian Economy: Essays in Honour of Richard T. Shand

ISBN: 1843760568

Book DescriptionA decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalized economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced growth. This important new book gauges how far India has been successful in achieving this goal by implementing the correct economic reform measures. There is a severe lack of solid analyticalevidence or rigorous scientific studies on the success of India?s economic reforms. The expert authors attempt to redress this imbalance with a thorough analysis of key aspects of the state of the Indian economy since 1991. Keeping poverty reductionas the major objective, they comprehensively discuss and identify further reform measures which are vital in the monetary, fiscal and agriculture sectors in order to maintain and improve the momentum of growth. When compared with East...
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