Recent Downturn in Emerging Economies and Macroeconomic Implications for Sustainable Development: A case of India

N R Bhanumurthy

Working Papers from United Nations, Department of Economics and Social Affairs

Abstract: The paper discusses the progress of Indian economy and its policies since the broad-based structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial crisis. The paper is structured into two parts: first part discusses the major economic and social achievements of India since 1991, it identifies the causes of the recent downturn, and the policy responses to revive the economy. In the second part, the paper outlines the major challenges India is facing and the policies and reforms that need to be implement to achieve sustainable development.

Keywords: Economic reforms; Global Financial Crisis; Sustainable Development; Emerging Economies; India (search for similar items in EconPapers)
JEL-codes: E60 E65 F62 O53 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2014-10
New Economics Papers: this item is included in nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.un.org/esa/desa/papers/2014/ (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://www.un.org/esa/desa/papers/2014/ [301 Moved Permanently]--> https://www.un.org/esa/desa/papers/2014/)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:une:wpaper:137

Access Statistics for this paper

More papers in Working Papers from United Nations, Department of Economics and Social Affairs Contact information at EDIRC.
Bibliographic data for series maintained by Aimee Gao ().