| 000 -LEADER |
|---|
| fixed length control field |
01677pab a2200205 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b1998 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Pandit, V. |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Indian economy: run-up to the third millenium |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
1998 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.241-62 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
|---|
| Dates of publication and/or sequential designation |
Jul-Dec |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
The paper takes a view of the current state of India's economy and of how it is likely to take shape over the next year - on the threshold of the twenty-first century. Taking 1997-98 as a base for current and future projections, the exercise focuses on major macroeconomic indicators like GDP growth, inflation, trade flows and external deficit. The analysis is based on a comprehensive 400-equation econometric model incorporating a large number of policy variables. The paper presents not only forecasts based on assumptions that are most plausible in our judgement but also eventualities that represent downside risks which cannot be ruled out. The picture that emerges is disappointing, though by no means hopeless. The likely performance of the economy in the near future falls substantially short not only of the post-reform expectations but also of the economy's inherent potential. The need to take up the structural adjustment related part of the reforms agenda in a serious and credible manner appears to be the only way out if India is to step into the third millennium confidently with good initial conditions. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Economic and social development - India |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
India - Economic conditions |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Economic conditions |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Krishnamurty, K. |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Palanviel, T. |
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
Management and Change |
| 909 ## - |
|---|
| -- |
39818 |
