The Resource Can India Achieve Double-digit growth ?, Richard Herd ... [and others], (electronic resource)

Can India Achieve Double-digit growth ?, Richard Herd ... [and others], (electronic resource)

Label
Can India Achieve Double-digit growth ?
Title
Can India Achieve Double-digit growth ?
Statement of responsibility
Richard Herd ... [and others]
Contributor
Subject
Language
eng
Summary
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries. Prudent macroeconomic policies will be critical to prolonging the current expansion, given the risks associated with high inflation and volatile capital flows. A steadfast commitment to fiscal consolidation is needed to continue to reduce the large deficit that emerged in the aftermath of the slowdown and avoid crowding out private investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the coming decade or so. Indeed, the operating environment for private business remains challenging. While infrastructure is improving in key sectors, partly thanks to greater private investment, bottlenecks endure and efforts to intensify competition and ensure continued strong investment are required. Labour market reforms are also required to promote job creation. Rapid economic development has boosted living standards and reduced poverty but poverty remains high. There is a need to strengthen social welfare systems and access to health and education to ensure widespread benefits from continued high growth. This Working Paper relates to the 2011 OECD Economic Survey of India (www.oecd.org/eco/surveys/india)
Member of
Cataloging source
FR-PaOEC
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Herd, Richard
  • Conway, Paul
  • Hill, Sam
  • Koen, Vincent
  • Chalaux, Thomas
Series statement
OECD Economics Department Working Papers,
Series volume
no.883
http://library.link/vocab/subjectName
  • Economics
  • India
Label
Can India Achieve Double-digit growth ?, Richard Herd ... [and others], (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762088800
Dimensions
21 x 30 cm
Extent
1 online resource 41 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5kg84x28tn9x-en
Specific material designation
remote
System control number
(OCoLC)762088800
Label
Can India Achieve Double-digit growth ?, Richard Herd ... [and others], (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762088800
Dimensions
21 x 30 cm
Extent
1 online resource 41 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5kg84x28tn9x-en
Specific material designation
remote
System control number
(OCoLC)762088800

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