The Indian Reform ‘Model’

Laveesh Bhandari

Chapter 5 in Development Models, Globalization and Economies, 2006, pp 74-89 from Palgrave Macmillan

Abstract: Abstract The Indian model of economic development is essentially a political-economic model and not a purely economic model. The political-economic model by default is more oriented to improving the processes of economic governance. Moreover, the speed with which economic policies change are determined by (1) the interplay between different pressure groups within its democratic polity, (2) different roles of the three tiers of its government (central, state and local), and (3) the ever-changing macro-economic conditions.

Keywords: Economic Freedom; Reform Process; Supplemental Security Income; Indian Model; Import Tariff (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1057/9780230523555_5

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