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India in the Global Economy

Author

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  • Raghuram G. Rajan

Abstract

The global economy is finding it hard to restore pre-Great Recession growth rates – every report of the IMF seemingly downgrades its previous growth forecasts. Why has the recovery been so slow? When global growth is uncertain, India should make sure that our domestic environment promotes strong, sustainable, and stable growth. This requires a firm platform of macroeconomic stability. [First Ramnath Goenka Memorial Lecture].

Suggested Citation

  • Raghuram G. Rajan, 2016. "India in the Global Economy," Working Papers id:10374, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:10374
    Note: Institutional Papers
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    Citations

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    Cited by:

    1. Subhomoy Bhattacharjee & Dakshita Das, 2017. "Trends in Public Debt in India: Lessons from Greek Crisis?," Journal of Development Policy and Practice, , vol. 2(1), pages 96-109, January.
    2. Ghosh, Saurabh & Nath, Siddhartha & Srivastava, Sauhard, 2021. "Productivity and Real Exchange Rates for India: Does Balassa-Samuelson Effect Explain?," MPRA Paper 110913, University Library of Munich, Germany.
    3. Smita Roy Trivedi, 2020. "The Moses effect: can central banks really guide foreign exchange markets?," Empirical Economics, Springer, vol. 58(6), pages 2837-2865, June.

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