India: Control and Prevention of Corruption in the Financial Markets

Abstract

Around 1990, India and a few developing countries attempted to restructure their economies to achieve accelerated economic growth, for generation of optimum levels of production, employment and poverty alleviation. The economic and fiscal policies took a turn towards liberalisation, deregulation, de‐control and de‐licensing, so that the economy opens up and unnecessary legal and bureaucratic impediments are removed to reduce delays and costs. During the last five years, industrial, trade and tax reforms have created demonstrable buoyancy in industrial production, investment and exports.

Citation

Kumar, B.V. (1998), "India: Control and Prevention of Corruption in the Financial Markets", Journal of Financial Crime, Vol. 5 No. 3, pp. 291-300. https://doi.org/10.1108/eb025844