 IndiaConjunctura economiei mondiale / World Economic Studies, 2017, 198-207 Abstract: India's main macroeconomic indicators reveal a favourable situation amid structural reforms. The country's GDP growth rate (of about 7%), remains the highest among major emerging economies, despite a slight slowdown driven by a number of internal factors, including demonetization. The inflation rate remains within the limits set in the inflation targeting strategy of 4±2%, but above the midpoint of the variation range. Public debt and the budget deficit are on a downward trend, whereas the current account deficit as a share of GDP shows a slight increase due to rising commodity prices and accelerating imports. Continuing the implementation of reform measures has the potential to increase foreign investors’ confidence in the Indian economy, with positive effects on the major sectors of the economy and the rupee exchange rate. Keywords: India; macroeconomic indicators; economic growth; inflation; structural weaknesses; reform (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2017:p:198-207 Access Statistics for this article Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC. |
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