ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Discussing Economic Reforms-Achievements and Future Intent

Discussing Economic Reforms Achievements and Future Intent In complete contrast to the main presumption of the finance ministry's 'discussion paper' on the economic reforms, that stabilisation has been achieved and that the path is now clear for long-run 'structural adjustment', the conclusion must be that the policies so far have at best landed the economy into a precarious steady state where inflation has been moderated at the cost of accepting negligible growth and, even then, continuation of the present situation depends critically on the fickle generosity of the rain gods and the aid donors.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top