India s Structural Adjustment-An Assessment in Comparative Asian Context

This paper attempts a reasoned assessment of whether the package of economic reforms currently being implemented in India has any relation to the strategies that have allowed for the apparent economic success of other eastern and south-eastern Asian countries. After identifying the important elements of the adjustment strategies followed in some of these countries with particular reference to some key areas of economic policy, the divergence of these strategies from the standard 'liberalising ' or 'market driven