India's Reforms: How they Produced Inclusive Growth by Jagdish Bhagwatti, Arvind Panagarya

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India's Reforms: How they Produced Inclusive Growth by Jagdish Bhagwatti, Arvind PanagaryaISBN: 9780199915187 Publisher: Oxford University Press, 2012 Hardcover, 312 pages When India embraced systematic economic reforms in 1991 and began opening its economy to both domestic and foreign competition, critics argued that they had contributed little to the acceleration of economic growth. Their argument had rested on the claim that growth in the 1990s was no faster than in the 1980s. This claim was quickly refuted on the grounds that when

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