The Cost of "Coupling": The Global Crisis and the Indian Economy

C.P. Chandrasekhar ()

Working Papers from eSocialSciences

Abstract: This paper argues that the presumption that the Indian economy was on a robust growth trajectory decoupled in important ways from the international system is questionable. Rather, the recent boom was fundamentally dependent on greater global integration, which also made the growth process more uneven and more vulnerable to internally and externally generated crises.

Keywords: India; economic growth; development; crises; global integration; decoupling (search for similar items in EconPapers)
Date: 2015-06
Note: Institutional Papers
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