Economic Liberalization and Indian Economic Growth: What's the Evidence?
综述了关于印度过去三十年增长与贫困表现的文献,评估了1990年代市场自由化政策、初始条件及“印度模式”对增长轨迹和贫困问题的影响。
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.