Why are we junking this engine of growth

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DC Field	Value	Language
dc.contributor.author	Morris, Sebastian
dc.date.accessioned	2010-10-08T05:23:26Z
dc.date.available	2010-10-08T05:23:26Z
dc.date.copyright	1997
dc.date.issued	1997-10-08T05:23:26Z
dc.identifier.uri	http://hdl.handle.net/11718/9446
dc.description	Vikalpa, Vol. 22, No. 2, (April-June, 1997)	en
dc.description.abstract	The appreciation in the real value of the rupee would bring down export growth rate to less than 6 per cent for 1996-97 and unless corrected would lower the growth rate of the economy. Today, the economy is ideally situated to grow at rates in excess of 9 per cent if a sharp depreciation of the rupee can be brought about. S~ch growth would be sustainable. That the state has not pursued growth maximizing policies via exports growth is due to the limitations that the rentier classes impose, and to its adherence to monetarist ideology. Achieving convertibility on capital account would be too premature for an economy which is yet to achieve its industrial transformation.
dc.language.iso	en	en
dc.subject	Growth	en
dc.title	Why are we junking this engine of growth	en
dc.type	Article	en
Appears in Collections:	Journal Articles

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