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|z 9781451867886
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|a Oura, Hiroko.
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|a Wild or Tamed? :
|b India's Potential Growth /
|c Hiroko Oura.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2007.
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|a 1 online resource (16 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a With India's GDP expanding at a rate above 8 percent in recent years, the debate about whether India is overheating revolves mainly about whether growth is above potential-that is, whether the economy is exceeding its "speed limit." This paper attempts to shed light on this debate by providing up-to-date projections of India's potential growth, including by clarifying differences in underlying assumptions used by various researchers that lead to a range of estimates. Estimates of potential growth on this basis range from 7.4 percent to 8.1 percent for 2006/07, and about 8 percent for the medium term. The medium-term potential estimates have risks on both sides: productivity gains and investment could be volatile, but determined reforms could sustain strong productivity growth.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2007/224
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2007/224/001.2007.issue-224-en.xml
|z IMF e-Library
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