Kumar, Sudhanshu; Srinivasan, Naveen; Ramachandran, Muthiah - In: Indian Growth and Development Review 5 (2012) 1, pp. 25-50
Purpose – In the past two decades, there has been a remarkable decline in inflation in both developed and developing … countries, in sharp contrast to the period immediately preceding it. Interestingly, the behaviour of inflation in India broadly … exhibits such a pattern. For much of the 1970s and 1980s, India experienced recurrent bouts of high inflation together with sub …