Economic and Political Lessons (Virmani)

Accelerating and sustaining growth: Economic and political lessons by Arvind Virmani published by IMF. “The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with decadal rate of over 7 per cent. It then reviews the history of the Indian growth acceleration following the reforms of the 1990s and its future prospects given the recent slowdown. It analysis the potencial dangers and reasons for India’s growth slowdown and proposes policy reforms for sustaining fast growth.”