Wednesday, August 22, 2007

INDIA'S ECONOMIC GROWTH

India emerged as one of the world's major economies estimated to grow by high output increases and competitive sectoral performance adding further contribution to GDP growth. Here is s a nice paper summarizing the evolution of GDP growth in India as well as India's path from "Hindu socialism" to sound market economy and competitive growth performance in the global economy.

Arvind Virmani: India's economic growth: From socialist rate of growth to Bharatiya rate of growth, ICRIER, January 2004 (link)

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