India's Economy: The Road Ahead (Updated)
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Uploaded by imf on Oct 17, 2011
India's economy is primarily driven by domestic sources of growth, unlike other emerging economies which rely heavily on exports. This helped India's economy during the crisis, growth was sustained and in fact, India will be leading global growth in the years to come.
Speakers:
Kalpana Kochhar, Former Deputy Director, Asia Pacific Department, IMF
Eshwar Prasad, Professor of Economics at Cornell University and Senior Fellow at the Brookings Institution
Duvvuri Subbarao, Governor of the Reserve Bank of India
- 32 likes, 1 dislikes
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Nice to know that India has been improving and growing economically. I hope this would continue.. And I hope Philippines would also be able to grow like India! :)
mareze00 5 days ago
@IGNentertainmenI
hainnnn..from where you get such data? How do you define middle class? Able to eat 3 meals a day and send childern to school is not creterium middle class.
Am happy about Indian growth, but still can you really justify a few million joining middle class agains farmers coming suicide? What if someone of your own takes such step due to Govt policies?
chingpokla 1 week ago
@acidcrashguy 60 million middle class since liberalization.
IGNentertainmenI 3 months ago
unless we improve manufacturing and infra, all this growth is a farce. Very little trickle down effect.
purtytrash 3 months ago
250,000 farmers dead since liberalization.
acidcrashguy 3 months ago
Nice video :) I liked the panning time-lapse at 1:02 . Stimulus and liberalization, that sounds like a good recipe for growth. While I appreciate their domestic strength, I always think that an Earth without borders would be the ultimate domestic strength. Also, infrastructure should be accomplished with the utmost wisdom, using new technologies and philosophies, not burning dinosaur juice and sending human miners to their underground doom. Thank you IMF :)
andrespereyda 4 months ago