Tag Search: “growth”
What does China’s ‘new normal’ mean for India?
China’s new normal – a growth rate of at least 6.5% - has been set as a target in its 13th Five Year Plan. In this article, Sharmila Kantha, Principal Consultant, Confederation of Indian Industry, con...
- Sharmila Kantha
- 17 June, 2016
- Perspectives
Painful spillovers from slowing BRICS growth
A synchronous growth slowdown has hit emerging markets, especially the BRICS, since 2010, with the potential for significant adverse spillovers to the rest of the world. This column estimates that a ...
- Raju Huidrom Ayhan Kose Franziska Ohnsorge
- 08 June, 2016
- Articles
Does democracy cause growth?
Many analysts view democracy as a neutral or negative factor for growth. This column discusses new evidence showing that democracy has a robust and sizeable pro-growth effect. It finds that a country ...
- Daron Acemoglu Suresh Naidu Pascual Restrepo James Robinson
- 03 June, 2016
- Articles
Can India beat this slowdown?
RBI Governor Raghuram Rajan has cautioned the government against seeking to generate economic growth by increasing public spending and hence, adding to the fiscal deficit. In this article, Jayan Jose ...
- Jayan Jose Thomas
- 24 February, 2016
- Articles
Fiscal deficit and growth slowdown
Ahead of the Union Budget, several policymakers and economists in India have advocated increasing public spending to spur economic growth. In this article, Gurbachan Singh argues that even if India is...
- Gurbachan Singh
- 17 February, 2016
- Perspectives
A conversation on development - I
Parikshit Ghosh (Member of the I4I Editorial Board & Associate Professor of Economics, Delhi School of Economics) speaks with Kaushik Basu (Chief Economist and Senior Vice President, World Bank and fo...
- Kaushik Basu Parikshit Ghosh
- 03 February, 2016
- Perspectives
West Bengal from an external perspective
The once prosperous, industrialised state of West Bengal is now lagging behind all-India average figures in both economic and social indicators. In this article, Ashok Lahiri, former Chief Economic A...
- Ashok Lahiri
- 04 January, 2016
- Perspectives
How US interest rates influence the world economy
For the first time in nearly a decade, the US Federal Reserve has raised its benchmark interest rate by 0.25 percentage points. In this article, Eswar Prasad, the Tolani Senior Professor of Trade and...
- Eswar Prasad
- 23 December, 2015
- Perspectives
Boom and Bust: Institutional causes of India's growth slowdown in 2011
The slowdown in India’s growth in 2011 is generally attributed to the global financial crisis and domestic policy paralysis. In this article, Kunal Sen argues that the high growth rates in the 2000s ...
- Kunal Sen
- 22 December, 2015
- Perspectives
Elephant vs. Dragon: Growth and development
The Indian economy expanded by 7.4% during July-September 2015, as compared to China’s growth rate of 6.9% over the same period. In this article, Mahendra Dev, Vice Chancellor of IGIDR, examines the ...
- Mahendra Dev
- 11 December, 2015
- Perspectives
Tolerance and respect for economic progress
In his recent speech at IIT Delhi, RBI Governor Raghuram Rajan contends that ideas are the key to economic growth. The two essentials to keep the ideas factory open are to foster competition in the m...
- Raghuram Rajan
- 08 December, 2015
- Perspectives
China's fitful economic reforms
Last week, IMF elevated China’s yuan to the status of a global reserve currency. In this article, Eswar Prasad, the Tolani Senior Professor of Trade Policy at Cornell University, contends that the fu...
- Eswar Prasad
- 07 December, 2015
- Perspectives