The Economist A Bric hits the wall

[Chinese-Dragon]

Can any of the Indians here answer this argument from the Economist?

For one, the old orthodoxy was that after liberalisation India had been on an accelerating path, driven by demographics and its high rate of savings and investment. A rival view is now likely to take hold.

It notes that India has grown pretty consistently at 6% since the mid 1980s, with the exception of a faster period in 2004-2007. What looked like a step up in trajectory now looks like a one-off blip driven by a global boom, an uncharacteristic bout of tight fiscal policy and an unsustainable burst of corporate optimism.

They say that the relatively fast growth of India from 2004-2007 is just a "one-off blip", i.e. an anomaly.

And that India might simply be returning to their "natural" rate of growth (5-6%), despite all the hype about double-digits.

 

[manofwar]

Can any of the Indians here answer this argument from the Economist?



They say that the relatively fast growth of India from 2004-2007 is just a "one-off blip", i.e. an anomaly.

And that India might simply be returning to their "natural" rate of growth (5-6%), despite all the hype about double-digits.

If CCP had given more freedom to the net, you would have realised that the world is in a "shadow" recession , not as bad as a real one but more long lasting and effecting everyone...........
This time around India suffered a lot more because of the intense political turmoil ans well as the recession...........
But ofcourse, the only news you get is from Global Times , so you can't really be blamed for not knowing in anything about why India's rate is slowing
As for the Economist, everyone has the right to state their views (exception-people in China)......
It is the same magazine that said that Japan's gonna be the 2nd Superpower and the Chinese Miracle is gonna end up in a disaster, so I wouldn't set much store by it.........

 

[Chinese-Dragon]

If CCP had given more freedom to the net, you would have realised that the world is in a "shadow" recession , not as bad as a real one but more long lasting and effecting everyone...........
This time around India suffered a lot more because of the intense political turmoil ans well as the recession...........
But ofcourse, the only news you get is from Global Times , so you can't really be blamed for not knowing in anything about why India's rate is slowing
As for the Economist, everyone has the right to state their views (exception-people in China)......
It is the same magazine that said that Japan's gonna be the 2nd Superpower and the Chinese Miracle is gonna end up in a disaster, so I wouldn't set much store by it.........

LOL, Hong Kong is ranked #2 best in Asia on the Press Freedom Index, while India does not even rank in the Top 100.

My access to information is far better than yours.

Secondly, the point is that India only had "relatively" fast growth from 2004-2007... only three years. Doesn't it seem like a "one-off blip", i.e. an anomaly?

 

[timetravel]

LOL, Hong Kong is ranked #2 best in Asia on the Press Freedom Index, while India does not even rank in the Top 100.

My access to information is far better than yours.

Secondly, the point is that India only had "relatively" fast growth from 2004-2007... only three years. Doesn't it seem like a "one-off blip", i.e. an anomaly?

friends spare this poor chinese. he didnt know the world had a economic crash in 2008.

kid this is not ur problem but with all chinese who are living in make beleive world of slavery under ccp.