The year 1991 marked an important watershed in the economic history of post-Independent India. The country went through a severe economic crisis triggered by a
This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy,
As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selectio
The problem of banks being 'too big to fail' was the defining regulatory issue of the global financial crisis. However, attempts to tackle the problem by separa
Soon after its declaration of independence, Lithuania launched a program of market-based economic reforms that achieved remarkable results. However, a banking c