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India’s long-term growth potential and the implications for Australia

Author

Listed:
  • Ben Ralston

    (Treasury, Government of Australia)

  • Wilson Au-Yeung

    (Treasury, Government of Australia)

  • Bill Brummitt

    (Treasury, Government of Australia)

Abstract

After 20 years of economic reform this article discusses India’s long-term growth potential and canvasses some of the challenges that Indian policy makers will need to overcome to realise this potential. Some of the consequences of India’s growth for Australia are also explored.

Suggested Citation

  • Ben Ralston & Wilson Au-Yeung & Bill Brummitt, 2011. "India’s long-term growth potential and the implications for Australia," Economic Roundup, The Treasury, Australian Government, issue 3, pages 1-18, October.
    • Handle: RePEc:tsy:journl:journl_tsy_er_2011_3_1
    as

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    File URL: http://www.treasury.gov.au/PublicationsAndMedia/Publications/2011/Economic-Roundup-Issue-3/Report/Indias-long-term-growth-potential-and-the-implications-for-Australia
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    References listed on IDEAS

    as
    1. Planning Commission, India, 2010. "Mid Term Appraisal for Eleventh Plan 2007-2012," Working Papers id:3315, eSocialSciences.
    2. Chakrabarty K C, 2011. "Agricultural Productivity and Credit- Issues and Way Forward," Working Papers id:4453, eSocialSciences.
    3. International Monetary Fund, 2011. "Chile: Staff Report for the 2011 Article IV Consultation," IMF Staff Country Reports 2011/260, International Monetary Fund.
    4. repec:idb:brikps:68098 is not listed on IDEAS
    5. Guriev, Sergei, 2004. "Red tape and corruption," Journal of Development Economics, Elsevier, vol. 73(2), pages 489-504, April.
    6. Planning Commission, 2012. "Mid Term Appraisal of Eleventh Five Year Plan - 2007 - 2012," Working Papers id:5158, eSocialSciences.
    7. Rodrik, Dani, 2011. "The Future of Convergence," Scholarly Articles 5131504, Harvard Kennedy School of Government.
    8. International Monetary Fund, 2011. "Dominica: Staff Report for the 2011 Article IV consultation," IMF Staff Country Reports 2011/324, International Monetary Fund.
    9. International Monetary Fund, 2011. "Bangladesh: Staff Report for the 2011 Article IV Consultation," IMF Staff Country Reports 2011/314, International Monetary Fund.
    10. Adam Cagliarini & Anthony Rush, 2011. "Economic Development and Agriculture in India," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 15-22, June.
    11. Homi Kharas, 2010. "The Emerging Middle Class in Developing Countries," OECD Development Centre Working Papers 285, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic development; India; trade;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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