ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A
How Home-grown Were They?

The 1991 Reforms

Refuting the allegation that the 1991 reforms were thrust upon an unwilling government by the International Monetary Fund and the World Bank in return for financial assistance, it is argued instead that 1991 was the logical culmination of internal rethinking that took place well before the 1990 crisis. The reforms would have stopped within two years had they been only undertaken because of the need for the IMF's assistance. Though admittedly slowly, their continuation has been evident over successive governments.

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