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Pressing the Indian Growth Accelerator:Policy Imperatives

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by Rakesh Mohan & Muneesh Kapur
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Pressing the Indian Growth Accelerator:Policy Imperatives by Rakesh Mohan & Muneesh Kapur

India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the acceleration of investment in transport and infrastructure. The immediate priority is to achieve the kind of fiscal quality and low inflation levels exhibited during 2003-08, with focused attention to increasing efficiency and compliance in tax revenue collection. Higher tax revenues can facilitate increases in public investment, which then crowd in private investment. The task ahead will be more difficult in view of the protracted slowdown in global growth and trade.

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Ebook Details
Pages: 40
Size: 1.5 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2015
ISBN: 9781498331197 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Economics > Macroeconomics

These authors have products in the following categories:

Nonfiction > Business & Economics > Economics > Macroeconomics
Nonfiction > Political Science
Nonfiction > Business & Economics > International
Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Social Science > Third World Development
Nonfiction > Business & Economics > Finance
Nonfiction > Business & Economics > Inflation

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03/30/2017
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