Friday, November 14, 2008

India Economic development- I

 The economy of India today presented two faces very different: a high dynamism and growing prosperity, especially since 2003, and another in which there is fragilities substantial, major challenges of development and, above all, poverty yet extreme. It is understandable that the Government of New Delhi wants to emphasize the first on tiptoe and pass by the second, but to have a vision of the appropriate country, it must examine together the two realities.

 Summary coming in next posts: This analysis looks at first, the causes, manifestations and main effects of rapid economic growth that has seen India from 2003. Secondly, briefly analyzes the economic risks in the short term, connected especially with a growing financial vulnerability and an insufficient job creation. Thirdly, the analysis stops on the demands that the pattern Development must meet from now to be able to sustain in the medium and long term, a growth rate equal to or higher than in recent years. Fourth, states that the task is still huge, given the extreme underdevelopment of most of the country.

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