The switch from demand management to “supply-side economics” advocated in some industrial countries is also colouring development policy. The measures perceived to be right for the industrial nations are being urged on the developing countries and they are also to serve as new criteria for...

Employing a dynamic nine-sector, seven-income classes computable general equilibrium (CGE) model for the Indian economy (1985-90). this paper analyses the medium-run effects of (agricultural) trade liberalization. Its focus is on the effects of trade reform on farmers' incentives, because it is...