Accelerating And Sustaining Growth: Economic and Political Lessons

Author/Editor:

Arvind Virmani

Publication Date:

July 1, 2012

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth acceleration following the reforms of the 1990s and its future prospects given the recent slowdown. It analysis the potential dangers and reasons for India’s growth slowdown and proposes policy reforms for sustaining fast growth.

Series:

Working Paper No. 2012/185

Subject:

Balance of payments Environment Foreign direct investment Government debt management Imports Income International trade National accounts Natural resources Production Productivity

English

Publication Date:

July 1, 2012

ISBN/ISSN:

9781475505337/1018-5941

Stock No:

WPIEA2012185

Pages:

46

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