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Indian summer.(the Digest: Summaries of important new research)(market liberalization)(Brief article)
Arvind Panagariya, "The Triumph of India's Market Reforms: The Record of the 1980s and 1990s," Cato Institute Policy Analysis # 554, 2005 (cato.org)
Will China or India be the dominant Asian economy in the years ahead? India's annual growth rate since 1992 has averaged 6.1 percent. Arvind Panagariya of Columbia University attributes this growth to India's market liberalization, including tariff reductions, liberalization of import regulations, export incentives, relaxation of industrial controls, and a more realistic exchange rate. But ...
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