Singh, Kanhaiya; Kalirajan, Kaliappa
The focus of the study is the pace of poverty reduction across Indian states and its determinants. In particular, the role of foreign direct investment (FDI) and industrialisation in reducing poverty is examined. Empirical evidence shows that poverty reduction did occur during the 1990s following the implementation of India's economic liberalisation program, which included mainly industrial and FDI policy reform. The empirical analysis shows that, thus far, FDI has not contributed significantly...[Show more]
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