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Economic policy and policy reform over the last few decades has been motivated by the need to accelerate growth or equivalently to reverse a decline in growth rate. The economic literature on the determinants of growth has burgeoned and disagreement has followed consensus on the policy...
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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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