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The change in India´s economic strategy and its challenges: from the "Hindu growth rate" to accelerated development
ISSN: 2178 - 8839
Publisher: author
The change in India´s economic strategy and its challenges: from the "Hindu growth rate" to accelerated development
Indexed in
Social Sciences
ARTICLE-FACTOR
1.3
Article Basics Score: 3
Article Transparency Score: 3
Article Operation Score: 2
Article Articles Score: 3
Article Accessibility Score: 3
SUBMIT PAPER ASK QUESTION
International Category Code (ICC):
ICC-0202
Publisher: Conjuntura Austral: Journal Of The Global South Internatio..
International Journal Address (IAA):
IAA.ZONE/217848798839
eISSN
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2178 - 8839
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Abstract
This article presents a general characterization of the Indian economy – which permeates the different development strategies of the country - and its main challenges. After obtaining the status of Nation-State in 1947, the country sought to develop itself economically through five-year plans with strong State intervention. However, the India’s economic performance fell short of expectations and received the stigma of the “Hindu growth rate†due to its stagnation. From the 1980s, India began to reverse this path, but soon succumbed to a strong economic crisis. In this trajectory, despite of the liberalizing reforms of the 1990s, the country has achieved its own pace, encouraging the dynamism of its economy and the results in terms of good results. Even though, the country endures a series of energy and energy challenges as well as existing disparities in terms of inequality and employment. Thus, the article is structured by: t...
