Sunday, January 10, 2010

The Indian Economy in the Next Decade: Déjà Vu with a Difference - Knowledge@Wharton

Indian MoneyImage via Wikipedia

What should India expect next year and what should we expect of Indi?. Some different viewpoints set forth in an interesting Knowledge @ Wharton article.

The Indian Economy in the Next Decade: Déjà Vu with a Difference - Knowledge@Wharton

"In 2010, governments will face the very difficult task of trying to restore fiscal discipline while also ensuring that withdrawals of stimulus measures do not kill off nascent economic recoveries," says the Economist Intelligence Unit (EIU). It estimates India's GDP growth at 6.5%, the ninth-fastest growing country. China, at 8.7%, is ahead, but others leading the pack are small economies like Qatar (24.5%).

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