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India Selected Issues

This Selected Issues paper analyzes the medium-term macroeconomic outlook for India. The paper highlights that in the strong adjustment scenario, the joint effect of strong fiscal consolidation and ambitious structural reforms would bring the Indian economy onto a sustainable high growth path, reach...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Staff Country Reports
Subjects:
Finance, Public
Wealth
Public-private Enterprises
Banks
Finance
Banks And Banking
Exports And Imports
Mortgages
Domestic Savings
Nationalization
National Accounts
Foreign Exchange
Public Enterprises
Civil Service & Public Sector
Macroeconomics
Banking
Foreign Direct Investment
Depository Institutions
Nonprofit Organizations And Public Enterprise: General
Public Ownership
Short-term Capital Movements
Public Sector
Saving
Government Business Enterprises
Current Account Adjustment
Micro Finance Institutions
Balance Of Payments
Economic Sectors
International Economics
Currency Markets
Saving And Investment
Macroeconomics: Consumption
Public Finance
India
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper analyzes the medium-term macroeconomic outlook for India. The paper highlights that in the strong adjustment scenario, the joint effect of strong fiscal consolidation and ambitious structural reforms would bring the Indian economy onto a sustainable high growth path, reaching 7 percent around the turn of the century. Although there could be some initial dip in growth, owing to the contractionary effects of fiscal retrenchment, this should be temporary as a strong surge in investment, together with productivity improvements related to structural reforms, should drive an acceleration in growth performance
Physical Description:125 pages
ISBN:9781451818598

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