India

India

2013 Article IV Consultation

eBook - 2013
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India's economy has slowed substantially before and after the global financial crisis. The economy is in a weaker position than before the crisis. With investment particularly hard-hit, potential GDP is likely to be lower than estimated. Inflation is constraining the room for monetary policy easing. Banks' capital ratios have fallen slightly, but asset quality is deteriorating considerably. The current account deficit registered a record high in 2011-12. Delivering on structural reforms, fiscal consolidation, and low inflation are critical for a sustained recovery.
Publisher: Washington, D.C. : International Monetary Fund, Ă2013
ISBN: 9781475594577
1475594577
9781475531480
1475531486
Characteristics: 1 online resource (94 pages) : color illustrations
Additional Contributors: International Monetary Fund

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