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Post-reform economic development in Punjab: constraints and remedies

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  • Singh, Lakhwinder

Abstract

Punjab economy has experienced a down turn in its economic development in the post-reform period compared with acceleration of economic growth of the Indian economy as well as other dynamic states. Therefore, a legitimate question arises why Punjab economy could not develop at a rate that has experienced by the Indian economy. An attempt has been made in this paper to explore economic development experience of Punjab economy in a comparative perspective to arrive at the factors that have contributed to the down turn in economic growth during the post-reform period. Alternative path of structural transformation has been worked out to rejuvenate and rebuild the economy of Punjab in the long run. Policy suggestions that can reverse the down turn in economic growth in short to medium term have also been identified.

Suggested Citation

  • Singh, Lakhwinder, 2010. "Post-reform economic development in Punjab: constraints and remedies," MPRA Paper 26741, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:26741
    as

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    File URL: https://mpra.ub.uni-muenchen.de/26741/1/MPRA_paper_26741.pdf
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    References listed on IDEAS

    as
    1. Gill, Anita & Singh, Lakhwinder, 2006. "Farmers’ Suicides and Response of Public Policy: Evidence, Diagnosis and Alternatives from Punjab," MPRA Paper 146, University Library of Munich, Germany.
    2. Singh, Lakhwinder, 2006. "Deceleration of industrial growth and rural industrialization strategy for Indian Punjab," MPRA Paper 799, University Library of Munich, Germany.
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    Cited by:

    1. Rina Agarwala, 2011. "Tapping the Indian Diaspora for Indian Development," Working Papers 1346, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Migration and Development..
    2. Rina Agarwala, 2012. "Tapping the Indian Diaspora for Indian Development," Working Papers 1407, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Migration and Development..

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    More about this item

    Keywords

    Punjab economy; economic development; deceleration of economic growth; Structural transformation; alternative path of development;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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