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Abstract

India initiated ‘open-society, open-economy’ paradigm in 1991. Since then, its macroeconomic performance has been fairly satisfactory. Positive developments have occurred in real GDP growth, saving and investment to GDP ratios, international trade, and foreign exchange reserves (Table 5.1).

Research Addistance by Amarendu Nandy, Samgeetha Thimaiah and Deepa Vasudevan is deeply appreciated. Exchange Rate:USD 1 = Ps.40.42 as on 3 July 2007.

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© 2008 Mukul G. Asher

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Asher, M.G. (2008). Pension Reform in India. In: Jha, R. (eds) The Indian Economy Sixty Years After Independence. Palgrave Macmillan, London. https://doi.org/10.1057/9780230228337_5

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