Economic reforms and institutions: a few issues and policy implications for India

dc.contributor.author	Patibandla, Murali
dc.date.accessioned	2010-07-22T04:37:10Z
dc.date.available	2010-07-22T04:37:10Z
dc.date.copyright	1997-03
dc.date.issued	2010-07-22T04:37:10Z
dc.identifier.uri	http://hdl.handle.net/11718/5956
dc.description.abstract	In the absence of necessary institutional conditions, market reforms in developing economies cause rent seeking and unequitable distribution of income. This, in turn, could stun economic growth and also thwart the emergence of right institutions. It is important for government policy not only to minimize the costs of institutional failures but also to set the initial conditions for the evolution of institutions in the right direction. This paper illustrates some of the costs of institutional failures and the policy implications in the present Indian context.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1997/1360
dc.subject	Economic reform	en
dc.subject	Institutions	en
dc.title	Economic reforms and institutions: a few issues and policy implications for India	en
dc.type	Working Paper	en