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The growth of India's manufacturing sector since 1991 has been attributed mostly to trade liberalization and more … permissive industrial licensing. This paper demonstrates the significant impact of a neglected factor: India's policy reforms in …
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The article 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...
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