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THE EVOLUTION OF THE INDIAN ECONOMY

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Presentation on theme: "THE EVOLUTION OF THE INDIAN ECONOMY"— Presentation transcript:

1 THE EVOLUTION OF THE INDIAN ECONOMY
« Evolution of the Indian Economy, 23 February 2006 » THE EVOLUTION OF THE INDIAN ECONOMY Economic Performance ( ) A Specific Pattern of Development Is the Growth Model Sustainable? Current Policy Issues Long-Term Prospects- Potential Growth

2 Economic Performance (1990-2005): The Other Giant Catching-up
« Evolution of the Indian Economy, 23 February 2006 » Economic Performance ( ): The Other Giant Catching-up One of the most dynamic economy in the world International trade: behind China in trade of goods, but a major exporter of services Still very poor: a slow convergence of income with industrialised economies

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7 « Evolution of the Indian Economy», 23 February 2006 »

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15 « Evolution of the Indian Economy, 23 February 2006 »

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17 Product Composition of High-Tech Exports

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28 Long-term Prospects- Growth Potential
« Evolution of the Indian Economy, 23 February 2006 » Long-term Prospects- Growth Potential Scenarios: Recent studies have raised potential growth to 7-8%, based on higher investment and strong institutions. Potential may not be realised: a return to a lower growth path

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