Reply to Comments by T. N. Srinivasan

Rodrik, Dani; Subramanian, Arvind
June 2005
IMF Staff Papers;2005, Vol. 52 Issue 2, p234
Academic Journal
Replies to comments made on the article "From Hindu Growth to Productivity Surge: The Mystery of the Indian Growth Transition," published in the periodical "International Monetary Fund Staff Papers". Argument against the commentator's claim that the reason behind the productivity growth of India during the 1980s was caused by fiscal expansion and hence is unsustainable; Authors' claim that they do not consider India's 1991 balance of payments crisis to constitute compelling evidence that the growth of the 1980s was unsustainable.


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