NAVIGATING REFORMS: LESSONS FROM INDIA

Arun Shourie

Economic Affairs, 2009, vol. 29, issue 3, 68-73

Abstract: In the 2008 Wincott Lecture, the author argues that huge obstacles stand in the way of desperately needed economic reforms in India. Liberalisation initiatives have been undermined by poor governance, ineffective institutions and powerful vested interests. Unless these problems are addressed, high rates of economic growth are unlikely to be sustained in the long term.

Date: 2009
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