GROWTH, DISTRIBUTION, AND THE ENVIRONMENT - SUSTAINABLE DEVELOPMENT IN INDIA

This paper considers prospects for improving growth and income distrib ution in India that are broadly sustainable in terms of macroeconomic and environmental constraints. It first describes recent economic tren ds and the reform process, using a simple framework which can incorpor ate political economy issues. It then takes up environmental questions and the interaction of the environment and the macroeconomy. Based on this analysis, the economy's medium-term prospects are discussed unde r current policy and an alternative approach which is arguably more pr omising for growth, distribution, and the environment.