India's Economic Decline Is One Of The Most Under-Reported Stories This Yea

[karan.1970]

I said "I think". It's clear he needed a vowel when he coined BRIC. I bet he's sorry he picked the wrong vowel. If India began with a consonant, it would never have been picked to be a part of BRIC. It's the laggard as the article states. With the benefit of 20/20 hindsight, Indonesia would have been the better "I".

You were saying ????

 

[WAQAS119]

india still going with 7% with this decline??what more u need?

chummy

Declining mean going down not steady at 7%. Indian govt. must have seen a dip in the future thus tone has changed and no chest thumping anymore.

 

[karan.1970]

Declining mean going down not steady at 7%. Indian govt. must have seen a dip in the future thus tone has changed and no chest thumping anymore.

Did the Indian govt send you a memo ?? .. How's Pakistan doing in the global decline btw??

 

[IndoCarib]

Declining mean going down not steady at 7%. Indian govt. must have seen a dip in the future thus tone has changed and no chest thumping anymore.

Growth rate is rarely steady. It will either increase or decrease. The present growth is still more than the 6% growth that was seen 5 years ago.

 

[WAQAS119]

Did the Indian govt send you a memo ?? .. How's Pakistan doing in the global decline btw??

I can use that childish smilie twice son.
Fact of the matter is India is going down and that was expected 2012-2013 onwards.
As for Pakistan, this thread is not for Pakistan's rise. Let your Pakistan obsession cool down a bit.

 

[DarK-LorD]

Did the Indian govt send you a memo ?? .. How's Pakistan doing in the global decline btw??

Very high growth rate of 2.6%:
IMF forecasts Pakistan

 

[patna_ke_presley]

Did the Indian govt send you a memo ?? .. How's Pakistan doing in the global decline btw??

Their Pakistani rupees depreciated by 3.5% just in one week after NATO attack now at 89.50 PKR/dollar. Last year's growth rate was 2.4% and this year they are expecting it to be 4% as they expected last year. Their economists are saying that Pakistan need atleast 7% growth rate for another 10 years otherwise the economy will be further messed up. Power sector, railways, gas sector steel sector all are in great mess and many textile industries are closed due to shortfall of electricity. Fiscal deficit has gone upto 600 Pakistani rupees.

 

[Tamil Arasan]

Well I work in Gulf region and even with such high oil wealth and loads of cash reserve - the experts hear are very cautious about their economy growth and future, also their recent economic growth is not that impressive even after heavy government spending to stimulate the growth, but on the other hand India is one of the major global economy and yet with out any push or spending by Indian government it's able to attain 6.9% growth!!! where as many of the world's major economies are showing even negative growth...I consider this is an excellent growth rate during this turbulent period in world economy...

Below is a wonderful video by AlJazeeraEnglish News - where two prominent professors and economists from India and China discuss about the future of this two countries and in-fact the Chines professor was amazed how India was able to achieve such high growth rate with out any major spending by government...

 

[Jade]

It is not only India, China is also seeing its worst growth in a decade. The predictions are for the first time in a decade China's growth rate will be bellow 9%

http://www.defence.pk/forums/world-...wn-spreading-services-sector.html#post2365873

 

[Aramsogo]

Not only you are poor with your American English, you are lacking in mental faculties as well.

Accuse me of spinning growth eh, lets see what you got.
This is last ten years of economic growth. Since you were having trouble deciphering plain english I tried to make it as easy for you as possible with stick figures like they do with primary school kids .

Now genius, a high IQ challenge for you, which of the three has the higher growth rates.

Laggard is laggard. Your stupid graph says nothing. Percentages are useless comparison when the base (denominator) is so different. Let's look at Indonesia and Turkey vs India in real metrics:

GDP per capita: Turkey >> Indonesia > India

HDI: Turkey >> Indonesia > India

Current Account: Indonesia >> Turkey and India

I could go on. Clearly Indonesia was the better "I". Capiche?? We'll see India crash and burn in the coming months, so Indonesia will only look even better in comparison.

 

[A1Kaid]

Artificial bubble and localized growth.

 

[IndoCarib]

Laggard is laggard. Your stupid graph says nothing. Percentages are useless comparison when the base (denominator) is so different. Let's look at Indonesia and Turkey vs India in real metrics:

GDP per capita: Turkey >> Indonesia > India

HDI: Turkey >> Indonesia > India

Current Account: Indonesia >> Turkey and India

I could go on. Clearly Indonesia was the better "I". Capiche?? We'll see India crash and burn in the coming months, so Indonesia will only look even better in comparison.

GDP per capita: Turkey >> China

HDI: Turkey >> China

Should we take make it BRIT ?

 

[Jade]

GDP per capita: Turkey >> China

HDI: Turkey >> China

Should we take make it BRIT ?

By the way, BRIT sound good than BRIC

 

[Aramsogo]

You were saying ????

Yawn, all of that Indian growth in GDP is either uncontrolled population growth or running a current account deficit (Debt). Anybody can inflate their balance sheet, which is exactly what India did over the last decade.

 

[Aramsogo]

GDP per capita: Turkey >> China

HDI: Turkey >> China

Should we take make it BRIT ?

It's clear the Indian education system didn't teach you the comparative property. None of this means India > China in any metric I listed, so BRIT would make absolutely no sense.