September, 2013

Market Reforms in India and the Quality of Economic Growth

  • G. P. Manish

    BB&T Professor of Economic Freedom, Manual H. Johnson Center of Political Economy, Troy University
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What caused India’s economic boom in the 1980s, beginning a full decade before the implementation of market reforms? Economists have sought answers by focusing on quantitative changes in output, but they would learn much by looking for qualitative changes in particular consumer goods, such as televisions, wristwatches, and telephone service.

Find article at The Independent Review