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It is a fashion now to talk about China & India in year 2050. Whether it is a political meeting, economic forum, seminar, symposium, workshop and conference or by whatever name you call of public gathering, everywhere one talks about possible size of two economies after half century,...
Persistent link: https://www.econbiz.de/10014052557
After running several years for growth, few economists are arguing De-growth is better for the world. They argue that natural resources are exhausting as they are consumed at higher rate than they are generated. We argue that growth is sine qua non to maintain reasonable living standard for the...
Persistent link: https://www.econbiz.de/10014163989
India’s series of economic reforms since 1991 have accelerated the growth but not the productivity. Productivity in the past many decades remained stagnant or not improved at pace to its peers. There are several ways and means to measure the productivity. Productivity is defined differently by...
Persistent link: https://www.econbiz.de/10014103820
India’s series of economic reforms since 1991 have accelerated economic growth but not productivity at same pace. Productivity in manufacturing sector in the last two decades remains stagnant, but nobody sincerely has bothered to measure and improve. There are several ways & means to measure...
Persistent link: https://www.econbiz.de/10014136627
Nine major world economies and few South Asian economies are slowing. South-east Asia is more vulnerable to economic downturn than it was during the global financial crisis one decade ago, according to analysts at global management consultancy Bain & Co. Greater exposure to a slowing China - and...
Persistent link: https://www.econbiz.de/10012861780
India's growth after 1991 reform is remarkable. The productivity has improved but it is still very low when globally compared. Productivity at each level has it's own set of bottlenecks. Challenges remain, of course, associated with land acquisition, GST, or skills. But two related issues often...
Persistent link: https://www.econbiz.de/10012869972