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Tags: India,
The large increase in working age population offers India an opportunity to increase economc growth as large numbers of jobs are expected to migrate from China to lower wage counries. The Economist says the risks are growing as India's growth slows because of a shortage of capital for investments in infrastructure and development, failure of policies to promote growth, and weak governance.
Grouped Articles
Angry young Indians: What a waste
Economist 05/16/2013
India’s demographic challenge: Wasting time
Economist 05/16/2013
Anti-corruption protests in India: No modern-day Mahatma
Economist 08/27/2011
India and China Play Down Border Tensions
Wall Street Journal 05/21/2013
Economist 06/27/2013
Washington Post 10/18/2011
Grouped Articles
Angry young Indians: What a waste
Economist 05/16/2013
No Ticker Tape Parade for Brazil's Currency Heroes
Wall Street Journal 06/06/2013
Economist 06/27/2013
Indian Markets Battered by Signs of End to Easy Money
Wall Street Journal 08/17/2013
India Tackles Fear of a Market Crisis
Wall Street Journal 08/19/2013
A Summer of Troubles Saps Indiaâs Sense of Confidence
New York Times 08/18/2013
This is high on the agenda at the G-20 meeting in Moscow in Feb 2013. India which has an estimated $191 billion in infrastructure needs annually, according to the World Bank, is pushing for this. Lower than potential growth in India of around 5% for the fiscal year ending in 2013 is a problem for the global economy, as this hurts both developed country exports and holds up growth by not freeing up bottlenecks in transportation and electricity infrastructure.
Grouped Articles
World Bank, in a changed economy, pushes focus to building a middle class - The Washington Post
Washington Post 04/18/2013
Angry young Indians: What a waste
Economist 05/16/2013
Untested Jakarta Governor Attracts a National Following
Wall Street Journal 05/16/2013
No Ticker Tape Parade for Brazil's Currency Heroes
Wall Street Journal 06/06/2013
Economist 06/27/2013
Abe Win Is Good for the Neighbors
Wall Street Journal 07/22/2013
Grouped Articles
Angry young Indians: What a waste
Economist 05/16/2013
Economist 06/27/2013
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/2013
India's Industrial Output Takes a Steep Fall
Wall Street Journal 05/12/2012
India Growth Rate Set to Rival China
Wall Street Journal 02/10/2015
India PM Panel Cuts Growth Forecast
Wall Street Journal 02/22/2012
Grouped Articles
Angry young Indians: What a waste
Economist 05/16/2013
Economist 06/27/2013
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/2013
India's Industrial Output Takes a Steep Fall
Wall Street Journal 05/12/2012
Grinding Energy Shortage Takes Toll on India's Growth
Wall Street Journal 07/02/2012
India Growth Rate Set to Rival China
Wall Street Journal 02/10/2015
The Kelkar committe says India faces "a perfect storm," a situation worse that the balance of payments crisis of 1990. Finance minister Chidambaram and the government of prime minister Manmohan Singh, who was finance minister during the 1990 crisis, welcomes the report for pointing to the need for urgency in action by the government. Chidambaram outlines the government's plan to tackle the deficit and bring it down to 5.3% in 2013. He says foreign investment is needed for India to maintain its growth rate and the government announces steps to open the retail, insurance and airline sectors to foreign investment.
Grouped Articles
Angry young Indians: What a waste
Economist 05/16/2013
Rupee Recovers From Tuesday's Record Low
Wall Street Journal 06/12/2013
Economist 06/27/2013
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/2013
India Cuts Fuel Subsidies Ahead of G-20 Meeting
New York Times 06/25/2010
Business Executives in India Ready to Welcome Modi Administration
Wall Street Journal 05/17/2014
The former chief economist of the IMF teaches at the University of Chicago. The Indian prime minister and finance minister faced with slowing growth and a growing deficit have made him the chief economic advisor to the government. Rajan seeks to focus on three areas, allowing foreign investment and foreign banks to operate in the country, reducing waste in food storage and distribution, and improving the climate for new business so that growth does not depend largely on the large companies in the country.
Grouped Articles
Angry young Indians: What a waste
Economist 05/16/2013
Economist 06/27/2013
Delhi Taps IMF Veteran to Run Central Bank
Wall Street Journal 08/07/2013
Rajan Has Limited Rupee Options
Wall Street Journal 08/06/2013
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/2013
India's Central Bank Surprises Markets With Rate Increase
Wall Street Journal 09/21/2013
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