Economic-wide Effects of Economic Structural Reforms in Japan: FY1998-2003

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, Foreign Direct Investment and its Economic Effects in India

Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed considerably since India has opened up to world markets. This has fuelled high expectations that FDI may serve as a catalyst to higher economic growth. We assess the growth implications of FDI in India by subjecting industry-specific FDI and output data to Granger causality tes...

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, Capital Flows and Macro Economic Impact on India

Capital flows are most helpful when the magnitude of those flows is steady and stable. The international capital flow such as direct and portfolio flows has huge contribution to influence the economic behavior of the countries positively. The present study attempts to explain the effects of private capital inflows (FINV) on some macro economic variables in India using the time series data betwe...