India: Selected Issues

International Monetary Fund

No 2005/087, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper paints a picture of the Indian economy that has made great strides, but has more to do to accelerate growth and reduce poverty. The paper assesses empirically whether India has entered a new phase of higher trend growth. Two alternative methodologies are used to disentangle underlying structural growth trends from shorter-term cyclical fluctuations around this trend. The paper focuses on a number of the reforms required to ensure that needed high growth can be achieved on a sustained basis.

Keywords: ISCR; CR; India; state; bank; FDI inflow; FDI approval; interest rate risk; quality variable; growth prospect; ITES export; Corporate income tax; Government securities; Foreign direct investment; Income and capital gains taxes; Market risk; Global; Africa (search for similar items in EconPapers)
Pages: 77
Date: 2005-03-10
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Citations: View citations in EconPapers (1)

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