• vote
    3
    0 starsshiwani | Shared With: Everyone - Jul 08 2008 | india, economy, growth
    India's Economy Hits the Wall - Business Week

    I'm not sure that it's entirely about reforms. I don't think India's economy is diversified enough that it wouldn't be feeling the effects of a U.S./global slump... Plus, its previous rapid rate of growth was unsustainable. Seems like a combination of factors.

    Quoted: Growth is slipping, stocks are down 40%, and foreign stock market investors are fleeing. Business blames the ruling coalition for failing to make reforms.

    You must be shiwani's friend before you can comment on this Fave.
    Send shiwani a friend request or a personal message instead.

Related Faves from shiwani