Market Reforms in India and the Quality of Economic Growth
By G. P. Manish
What caused Indias economic boom in the 1980s, beginning a full decade before the implementation of market reforms? Economists have sought answers by focusing on quantitative changes in output, but they would learn much by looking for qualitative changes in particular consumer goods, such as televisions, wristwatches, and telephone service.
|Other Independent Review articles by G. P. Manish|
|Fall 2011||Central Economic Planning and Indias Economic Performance, 19511965|