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文章基本信息

  • 标题:India’s recent macroeconomic developments
  • 本地全文:下载
  • 作者:Aaron Mehrotra
  • 期刊名称:BOFIT Online
  • 电子版ISSN:1456-811X
  • 出版年度:2006
  • 出版社:Bank of Finland Institute for Economies in Transition (BOFIT)
  • 摘要:We provide a brief overview of recent developments in the Indian macroeconomy, including aspects of the real economy, price developments, and monetary and fiscal policies. The picture that emerges is one of a rapidly growing economy, supported by strong domestic demand and credit flows. The economic boom has dragged the current account into deficit, while output growth has broadened to encompass the industrial sector. Fiscal deficit ratios have recently declined due to a rapid increase in the level of GDP, but public sector imbalances remain high, constraining necessary investments in health, education, physical infrastructure and overall poverty reduction.
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