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The Indian Economy: Up to 1991 and Since

Since the reforms of the early nineties, the Indian economy seems to have performed well and has raised expectations of a major take off. The paper evaluates the historical background of this improved performance and also the sluggishness of the first 30 years of independent India, laying emphasis o...

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Detalles Bibliográficos
Autor principal: Kaushik Basu
Formato: Printed Book
Publicado: BREAD Working Paper No. 052 2003
Acceso en línea:http://10.26.1.76/ks/001334.pdf
Descripción
Sumario:Since the reforms of the early nineties, the Indian economy seems to have performed well and has raised expectations of a major take off. The paper evaluates the historical background of this improved performance and also the sluggishness of the first 30 years of independent India, laying emphasis on the social norms, beliefs and culture in which every economy is inevitably embedded.