The Global Financial Crisis and Short-run Prospects for India

Raghbendra Jha

ASARC Working Papers from The Australian National University, Australia South Asia Research Centre

Abstract: This paper provides an overview of the impact of the global financial crisis (GFC) on the Indian economy. It identifies the channels through which the GFC has impacted the Indian economy and evaluates the stimulus packages that have been put in place by the government of India. Finally, the paper examines short run prospects for the Indian economy in light of the GFC and the economy's recent dynamism.

Keywords: Global Financial crisis; Economic downturn; Stimulus packages; India (search for similar items in EconPapers)
JEL-codes: E20 E66 F43 O11 (search for similar items in EconPapers)
Pages: 24
Date: 2009
New Economics Papers: this item is included in nep-cwa and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pas:asarcc:2009-01

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