Desai, Sameeksha; Eklund, Johan; Högberg, Andreas - Centre of Excellence for Science and Innovation … - 2009
The government of India initiated pro-market reforms in the 1990s, after almost five decades of socialist planning …. These and subsequent policy reforms are credited as the drivers of India’s radical economic transformation. Prior to reforms … behavior. By most estimates, India’s economy will continue to grow rapidly. The purpose of this paper is to investigate changes …