India at the Crossroads -- Sustaining Growth and Reducing Poverty
Author： Mr. Tim Callen Mr. Christopher M. Towe Ms. Patricia Reynolds
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2001
E-ISBN: 9781455247684
P-ISBN(Paperback): 9781557759924
Subject： F0 Economics;F8 Finances
Language： ENG
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Description
The authors examine the numerous structural and policy changes Indian authorities have adopted since the 1991 balance of payments crisis; how these changes helped India weather the Asian financial crisis of 1997-98; the risks to fiscal sustainability and their implications for growth; the challenges facing monetary policy in the face of financial market liberalization; and the benefits of structural reform and fiscal policy for growth, poverty, and the reduction of regional disparities.