PL EN


2003 | 185 | 7-8 | 85-97
Article title

Nowa polityka ekonomiczna a wzrost gospodarczy Indii po roku 1991

Content
Title variants
EN
New economic Policy And Economic Growth of India After 1991
Languages of publication
PL
Abstracts
EN
Two development stages can be distinguished in the economic history of independent India: the period of the so-called Indian socialism (also-referred to as Nehruism) in the years 1947-1980, and the period of economic reforms (1981-2001), i.e. revision of the "Indian socialism" and creation of a new economic order which has been called "the Indian social market economy". In the latter period, special attention should be paid to economic reforms initiated by the Narasimha Rao government in 1991 and referred to as the "new economic policy". They are comparable to the systemic transition in Central and Eastern Europe. As a result of the "new economic policy", the economic system of India has been transformed in an evolutionary way involving cautious, step-by-step reforms. The "new economic policy" brought about a significant acceleration of growth and modernisation of the Indian economy. In the 1990s, the Indian economy was one of the fastest-growing economies in the world.
Keywords
Year
Volume
185
Issue
7-8
Pages
85-97
Physical description
Dates
published
2003-07-25
Contributors
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.doi-10_33119_GN_113794
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