A key question that is bothering economists of all hues is whether or not the slowdown in the Indian economy is structural or cyclical.
The answer to this question is important as it will determine the policy responses. A cyclical slowdown can be addressed with doses of fiscal stimulus but not structural which requires fundamental reforms.
The RBI annual report released on Thursday has tried to answer the question: It says the slowdown could be cyclical but with deep-seated structural problems that require urgent reforms.
Diese Geschichte stammt aus der August 30, 2019-Ausgabe von The Free Press Journal - Mumbai.
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Diese Geschichte stammt aus der August 30, 2019-Ausgabe von The Free Press Journal - Mumbai.
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