India at the crossroads -- sustaining growth and reducing poverty

The authors examine the numerous structural and policy changes Indian authorities have adopted since the 1991 balance of payments crisis; how these changes helped India weather the Asian financial crisis of 1997-98; the risks to fiscal sustainability and their implications for growth; the challenges...

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Bibliographische Detailangaben
Hauptverfasser: Callen, Tim, Reynolds, Patricia, Towe, Christopher M, Towe, Christopher
Format: Buch
Sprache:eng
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Zusammenfassung:The authors examine the numerous structural and policy changes Indian authorities have adopted since the 1991 balance of payments crisis; how these changes helped India weather the Asian financial crisis of 1997-98; the risks to fiscal sustainability and their implications for growth; the challenges facing monetary policy in the face of financial market liberalization; and the benefits of structural reform and fiscal policy for growth, poverty, and the reduction of regional disparities.