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India: 2013 Article IV Consultation

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  • International Monetary Fund

Abstract

India’s economy has slowed substantially before and after the global financial crisis. The economy is in a weaker position than before the crisis. With investment particularly hard-hit, potential GDP is likely to be lower than estimated. Inflation is constraining the room for monetary policy easing. Banks’ capital ratios have fallen slightly, but asset quality is deteriorating considerably. The current account deficit registered a record high in 2011–12. Delivering on structural reforms, fiscal consolidation, and low inflation are critical for a sustained recovery.

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  • International Monetary Fund, 2013. "India: 2013 Article IV Consultation," IMF Staff Country Reports 2013/037, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/037
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    Cited by:

    1. World Bank, 2015. "Republic of Yemen," World Bank Publications - Reports 23660, The World Bank Group.
    2. Kumhof, Michael & Yan, Isabel, 2016. "Balance-of-payments anti-crises," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 186-202.
    3. Ravindra H. Dholakia, 2020. "A Theory of Growth and Threshold Inflation with Estimates," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 18(3), pages 471-493, September.
    4. Fritsch, Jorik & Poudineh, Rahmatallah, 2016. "Gas-to-power market and investment incentive for enhancing generation capacity: An analysis of Ghana's electricity sector," Energy Policy, Elsevier, vol. 92(C), pages 92-101.
    5. Tambunlertchai, Kanittha, 2015. "Financial Inclusion, Financial Regulation, and Financial Education in Thailand," ADBI Working Papers 537, Asian Development Bank Institute.
    6. Almansour, Aseel & Aslam, Aqib & Bluedorn, John & Duttagupta, Rupa, 2015. "How vulnerable are emerging markets to external shocks?," Journal of Policy Modeling, Elsevier, vol. 37(3), pages 460-483.
    7. Raissi, Mehdi & Tulin, Volodymyr, 2018. "Price and income elasticity of Indian exports—The role of supply-side bottlenecks," The Quarterly Review of Economics and Finance, Elsevier, vol. 68(C), pages 39-45.

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