• Chikayoshi Nomura
Part of the Studies in Economic History book series (SEH)


After a clear shift towards economic liberalization became apparent in national policy in the early 1980s, India started lifting its economic growth rate from the notorious 3% “Hindu growth rate” to over 6%. Domestically, this rise in per annual growth has helped improve the standard of living of over one billion people, while, globally, providing profitable market opportunities for world manufacturers and investors.


  1. Panagariya, A. (2008). India: The emerging giant. New Delhi: Oxford University Press.Google Scholar
  2. Rodrik, D., & Subramanian, A. (2004). From “hindu growth” to productivity surge: The mystery of the Indian growth transition. NBER Working Paper. No. 10376.Google Scholar

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© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.Graduate School of Literature and Human SciencesOsaka City UniversityOsakaJapan

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