Economic reforms in Kyrgyzstan

India's Economic Reforms

The past three years have seen major changes in India's economic policies marking a new phase in India's development strategy. The broad thrust of the new policies is not very different from the changes being implemented in other developing countries and also all over the erstwhile socialist world. They aim at reducing the extent of Government controls over various aspects of the domestic econo...

Economic Reforms and Global Integration

India's Economic Reforms an Appraisal

India's economic reforms began in 1991 when a newly elected Congress government, facing an exceptionally severe balance-of-payments crisis, embarked on a programme of shortterm stabilization combined with a longer-term programme of comprehensive structural reforms. Rethinking on economic policy had begun earlier in the mid-1980s by which time the limitations of a development strategy based on i...

Economic Reforms and Macroeconomic Management in Pakistan

Pakistan was one of the few developing countries that had achieved an average growth rate of over 5 percent over a four decade period ending 1990. Consequently, the incidence of poverty had declined from 40 percent to 18 percent by the end of 1980s. But the 1990s proved to be a lost decade for Pakistan, Growth in per capita income dropped to slightly over 1 percent. Poverty resurfaced and about...

Economic Reforms and Social Contradictions in Cuba

Cuba is a land of contradictions. People have no money, but no one goes hungry. Buildings are crumbling, yet Havana is one of the most beautiful cities in the world. It rains when the sun is shining, and the streets are full of antique cars that should have died years ago. Cubans continue to risk their lives at sea trying to reach Miami on handmade rafts, yet people on the island seem to surviv...