Tuesday, October 03, 2006

Is India becoming an engine for global growth?

A very thought provoking article on Indian economy.Looking answer for the question --Is India has reached a satge where it can be consider as world growth engine, most of the economist from IMF find difficult to say a convincing yes.

Why?

India is still a closed economy.Our trade policy still protect local bussiness from competion and triff are almost double then other emerging economies in the region.

http://news.bbc.co.uk/2/hi/business/4269858.stm

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home