The Dynamics of Competition: Phasing of Domestic and External Liberalisation in India

The focus of the analysis is on the post-colonial period after India attained independence in 1947. This paper covers the period from 1950-51 onwards for which consistent data series are available. This means that growth rates are available from 1951-52 onwards. The primary purpose of the paper is to examine the link between policy regimes, reforms and economic growth in India. The data and analysis of earlier papers are drawn to provide the growth side of the link. Consistent series of data on consumption distribution are available only from the seventies, so the more detailed analysis of these issues has to be limited to the second half of the post-independence period. [Working Paper No. 4/2006-PC]. URL: [http://planningcommission.nic.in/reports/wrkpapers/wp_dc_pdel.pdf].