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Title: The Growth-Inflation Dilemma: Who is the Real Culprit ?
Authors: Goel, Rajit
Keywords: Global financial crisis
Inflation rate
Government investments
Current account deficit (CAD)
Private investment
Issue Date: Mar-2015
Publisher: MBAEx Magazine Committee, Indian Institute of Management Calcutta
Series/Report no.: Vol.2;
Abstract: The global financial crisis affected virtually every economy in the world, and India was no exception. But India recovered from the crisis much sooner than even other emerging economies. In the crisis year of 2008/09, growth dropped to 3.9 per cent, but it recovered reasonably well thereafter. In fact, in the two years after the crisis, 2008/09 and 2009/10, growth averaged 9.0 per cent which compares favourably with the average growth of 9.5 per cent in the three years before the crisis. However in 2012/13, growth dropped to 4.7 per cent, a poor return for an economy with great expectations
Description: Biosketch: Rajit Goel is a student of PGPEX batch 8 with over five years of global experience in the mining industry.
Appears in Collections:Volume 2, March 2015 (2nd ed.)

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