India in the Global Economy

Raghuram Rajan

Working Papers from eSocialSciences

Abstract: The global economy is finding it hard to restore pre-Great Recession growth rates – every report of the IMF seemingly downgrades its previous growth forecasts. Why has the recovery been so slow? When global growth is uncertain, India should make sure that our domestic environment promotes strong, sustainable, and stable growth. This requires a firm platform of macroeconomic stability. [First Ramnath Goenka Memorial Lecture].

Keywords: IMF; global growth; domestic environment; sustainable; stable; macroeconomic stability; India; recovery; forecasts; growth; global economy; current account deficit; CPI; inflation (search for similar items in EconPapers)
Date: 2016-03
Note: Institutional Papers
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Citations: View citations in EconPapers (3)

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