A Critical Analysis of the Structural Adjustments and Economic Reform in India

Dipak Basu and Victoria Miroshnik
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Dipak Basu: Dipak Basu is Professor in International Economics, Faculty of Economics, at Nagasaki University, Nagasaki, Japan. bose66@hotmail.com
Victoria Miroshnik: Victoria Miroshnik is Associate Professor in Management at School of Business Administration, American University, Dubai, UAE. vmiroshnik1969@gmail.com

India Quarterly: A Journal of International Affairs, 2013, vol. 69, issue 2, 159-177

Abstract: The analysis of the Indian economy, since the structural reform to dismantle the mixed economic planning and to establish market economy, is presented here with clear analysis regarding growth of the macro economy, the real economy and the social impacts in terms of employment. The picture was quite dismal until the short-term portfolio investments from abroad were introduced a few years ago. The recent upsurge of growth is thus the result of these short-term foreign investments.

Keywords: Indian economy; economic reforms; structural adjustments; IMF conditionality; unemployment; agriculture; balance of payments (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:indqtr:v:69:y:2013:i:2:p:159-177

DOI: 10.1177/0974928413481884

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