International Journal of Advanced Academic Studies
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International Journal of Advanced Academic Studies

2019, Vol. 1, Issue 2, Part C

Analysis of the economic reforms in India and European countries


Author(s): Sanjay Kumar Sahu

Abstract: In the process of transforming the inherited socialist economic system into a market economy, there was a certain difference between India and European countries. Namely, the transition of the economic system in India took place in two phases: through the transformation of socially-owned enterprises and privatization. The aforementioned difference stems from the fact that India, together with other republics of the former Yugoslavia, has based its economy on the already mentioned model of the so-called of self-governing socialism.

Pages: 217-219 | Views: 232 | Downloads: 64

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How to cite this article:
Sanjay Kumar Sahu. Analysis of the economic reforms in India and European countries. Int J Adv Acad Stud 2019;1(2):217-219.
International Journal of Advanced Academic Studies