| Publication |
April 2002.
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| Description |
1-28
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| Summary/Abstract |
This article explores three sets of questions about India's economic policy transformation and its impacts on the economy and on social welfare. First, has the pace of reform been too fast or too slow? What effect do reforms have on the rate of economic growth? What is an optimal, sustainable rate of growth? Second, how wide are India's economic reforms? What has happened to the regional dispersion of growth? Have India's states experienced convergence or divergence in their average levels of things? Third, how deep are India's economic reforms? How complete has participation been across income groups? Has poverty increased or diminished? Are social and economic disparities connected?
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