In a post today ( in BBC News ), discusses the government of India’s strong interest in returning to the expansion levels of yesteryear. With a former growth rate of around nine percent annually, India’s latest growth rate has been around 6.5%+ recently. Actually, 6.5% looks great compared to many countries around the world for [...]
In a post today ( in BBC News ), discusses the government of India’s strong interest in returning to the expansion levels of yesteryear.
With a former growth rate of around nine percent annually, India’s latest growth rate has been around 6.5%+ recently. Actually, 6.5% looks great compared to many countries around the world for the past recessionary year.
The recent recession is causing many countries to re-evaluate their export/import mix, with an emphasis more on supplying goods and services for internal country use. Just think about the countries concentrating so heavily on exports… The “export-centric” countries have been hit especially hard in a worldwide retraction of purchasing.
Does your country have an “export” or “import”-oriented economy? There is LOTS of soul-searching worldwide on this topic. Some countries are just trying to figure out how to “keep their economic head above water.”
Tags: featured, India economy, India export
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