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India rising - faster growth, lower indebtedness (English)

Over the past 25 years, India's economy grew at an average real rate of close to 6 percent, with growth rates in recent years accelerating to 9 percent. Yet by 2005-06, the general government debt-to-GDP ratio was 34 percentage points higher than in the 1980s. The authors examine the links between public finances and growth in the post-1991 period. They argue that the main factor in the deterioration of government debt dynamics after the mid-1990s...
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Pang,Gaobo; Pinto,Brian R.; Wes,Marina.

India rising - faster growth, lower indebtedness (English). Policy, Research working paper ; no. WPS 4241 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/339721468041442844

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