India’s economic growth in the last two decades (1991-2011) improved significantly spurred by the cumulative effect of the major economic reforms initiated in 1991. Particularly, during the Xth Five year Plan (2002-03 to 2006-07) India achieved remarkable success in main economic fronts including GDP growth, foreign trade and FDI flow. It is found that many industries, notably, automobile, electronics and steel industries, have been benefited by competitive policy and become global players. The findings of the study show that despite these remarkable economic performances, the gap between the rich and the poor, and inter-state disparity have been widening due to failure of trickle-down effects of the economic reforms which has compelled the present ruling party and the government of India to pursue an “inclusive growth policy.” The direction of the reforms in future, therefore, will be substantially carried out on the path of inclusive growth as the policy principle. Further, this study also found that there has been lack of coordination between the central government and state governments regarding the nature of and direction of the economic reforms.
This study suggests four important tasks ahead of the future economic reforms in India. These include building infrastructure, undertaking the second green revolution and developing human resource, managing the environment, and stabilizing energy demand-supply. Regarding the prospects of the reforms in India, this study argued that the economic reforms of the last two decades had been predominated by the central government in meeting the larger economic needs of the country. It seems, however, the state governments will have a crucial role to play in pursuing the economic reforms in future in meeting their own local economic needs. In this process, competition among state governments for the development of their respective states will be substantial by attracting more FDI and business. In fact, this kind of competition has already been started in some states like Gujarat and Bihar. In this direction, Korean government as well as enterprises need to devise suitable policy strategies to engage with India’s future economic development. There are many thrust areas such as the second green revolution, infrastructure development, etc., in which Korean industries and government can seize the business opportunities. At the end, the study emphasizes that that Korea should prepare to deal with the post reform generations of India who have market friendly thinking and attitudes.

국문요약

제1장 머리말

제2장 경제개혁책의 특징
1. 시장경제 기반구축 개혁단계(1991~99년)
2. 경쟁촉진 개혁단계(1999~2009년)
3. 공생 개혁단계(2009~현재)

제3장 경제개혁의 성과
1. 개혁의 주요 성과
가. 개요
나. 산업구조
다. 경제성장
라. 교역 추이
마. 대인도 FDI 추이
바. 금융산업 개혁
2. 경제개혁의 핵심 수혜산업
가. 자동차 산업
나. 전자(Electronics) 산업
다. 철강산업

제4장 경제개혁의 문제점
1. 계층간 불균형
2. 지역간 불균형
3. 중앙정부와 주정부 간의 갈등
4. 부패 문제

제5장 향후 과제
1. 인프라 확충
가. 전력 인프라
나. 수송 인프라
2. 제2 녹색혁명과 인적자원 개발
가. 제2 녹색혁명
나. 인적자원 개발
3. 환경 관리
가. 환경오염 실태 및 법규
나. 환경시장 동향 및 향후 과제
4. 에너지 수급
가. 에너지 산업 개황 및 정책
나. 부문별 현황 및 향후 과제

제6장 경제개혁의 전망 및 한국에 대한 시사점
1. 경제개혁의 전망
2. 한국에 대한 시사점
가. 인도 사회변화에 따른 대비
나. 대인도 기업 진출전략
다. 정부간 협력분야

참고문헌

Executive Summary