Publication
10 Jul 2009
This brief discusses the impact of the global financial crisis on India and the budgetary policies of the Congress government. The author argues that excessive spending and lending, at the core of the recovery budget, endangers the long-term health of the economy by bringing deficits and debts to unprecedented levels. The government's gamble, he concludes, is that the Indian economy will recover fast.
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English (PDF, 3 pages, 60 KB) |
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Author | Shahid Javed Burki |
Series | ISAS Briefs |
Issue | 117 |
Publisher | Institute of South Asian Studies (ISAS) |
Copyright | © 2009 Institute of South Asian Studies (ISAS) |