In India, the neoliberal economic reforms of 1991 were intended to stimulate economic growth, unlock industrial potential and bring prosperity. This triple objective has not been achieved. Despite relatively strong growth, the industry has not really taken off, while unemployment and poverty have remained very high. The respective roles of the market and the state in industrialization are questioned.
|Translated title of the contribution
|India: reforms to the detriment of industrialization
|Number of pages
|Published - 6 May 2019