India : Recent Economic Developments

Recent Economic Developments

India : Recent Economic Developments
This paper reviews economic developments in India during 1996–98. After three successive years of growth more than 7 percent, growth of slowed to an estimated 5 percent in 1997/98. The slowdown predates the Asian crisis, and its proximate causes are a decline in agricultural output and weak industrial sales. Weaker investment appears to be a... READ MORE...

Publication date: November 1998
ISBN 9781451818604
$15.00

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