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How Did Decoupled Become Coupled? :India’S Miracle Growth Drops

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Author Info
Pradhan, Jaya Prakash

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Abstract

Surpassing the decoupling expectation, the global economic crisis is now spreading into Indian economy through various channels. Indeed, this brief survey of the effects of crisis suggests that India’s financial and real sectors are closely integrated with the global financial and export markets. So far crisis has shown just how it can undermine India’s growth rate, which in turn likely to have long-term implications for economic and social developments in the country.

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File URL: http://mpra.ub.uni-muenchen.de/16017/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 16004.

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Date of creation: 08 Jun 2009
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Handle: RePEc:pra:mprapa:16004

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Related research
Keywords: Financial crisis; economic slowdown; growth;

Find related papers by JEL classification:
G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
N25 - Economic History - - Financial Markets and Institutions - - - Asia including Middle East
N15 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - Asia including Middle East
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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This page was last updated on 2009-12-7.

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