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The Growth Record of the Indian Economy, 1950-2008: A Story of Sustained Savings and Investment

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  • Rakesh Mohan

Abstract

A review of the overall macroeconomic performance in India since independence, the prospects for the coming five years and finally the issues that need to be addressed for sustaining the growth of the Indian economy. [Keynote Address by Dr.Rakesh Mohan, Deputy Governor, Reserve Bank of India at the reference “Growth and Macroeconomic Issues and Challenges in India†organised by the Institute of Economic Growth, New Delhi].

Suggested Citation

  • Rakesh Mohan, 2008. "The Growth Record of the Indian Economy, 1950-2008: A Story of Sustained Savings and Investment," Working Papers id:1388, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:1388
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    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=Document11622008527.149905E-02.pdf&fcategory=Articles&AId=1388&fref=repec
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    References listed on IDEAS

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    1. Peter Blair Henry, 2007. "Capital Account Liberalization: Theory, Evidence, and Speculation," Journal of Economic Literature, American Economic Association, vol. 45(4), pages 887-935, December.
    2. Dani Rodrik & Arvind Subramanian, 2005. "From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 193-228, September.
    3. Reserve Bank of India, 2007. "Annual Policy Statement for the Year 2007-08," Working Papers id:957, eSocialSciences.
    4. Arvind Virmani, 2004. "India's economic growth: From socialist rate of growth to Bharatiya rate of growth," Indian Council for Research on International Economic Relations, New Delhi Working Papers 122, Indian Council for Research on International Economic Relations, New Delhi, India.
    5. Peter Henry, 2007. "Capital Account Liberalization: Theory, Evidence, and Speculation," Discussion Papers 07-004, Stanford Institute for Economic Policy Research.
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    Cited by:

    1. Bozhechkova, A.V. & Sinelnikova-Muryleva, Elena Vladimirovna, 2016. "The Impact of Higher Interest Rates on Loans to the Economic Growth of the Russian Federation in the Current Environment," Working Papers 21310, Russian Presidential Academy of National Economy and Public Administration.

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    Keywords

    macr; economic; macro economy; rbi; India; indian; growth;

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