India: Recent Economic Developments and Selected Issues

International Monetary Fund

No 2001/181, IMF Staff Country Reports from International Monetary Fund

Abstract: India rebounded strongly from its 1991 balance-of-payments crisis, aided by structural reforms and other policy adjustments. The government has sought to reinvigorate the process of structural and fiscal reform. The paper examines trends in interstate differences in rural poverty; reviews India's postal saving system and possible reform issues; describes and evaluates the current system of pensions and provident funds, and discusses reform options. The paper also briefly reviews the structure of and recent developments in the Indian foreign exchange market.

Keywords: ISCR; CR; India; GDP; exchange rate; deposit; U.S. dollar; dollar rate; chapter IX; private sector; reform issue; Commercial banks; Pensions; Public sector; Global; Africa; Asia and Pacific; Western Europe (search for similar items in EconPapers)
Pages: 164
Date: 2001-10-16
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Citations: View citations in EconPapers (4)

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