Dec 7, 2010
| Last Updated
- The virtuous cycle of strengthening consumption and rising domestic and foreign investment poses upside risks to 2011 growth, but capital outflows could weigh on asset markets, current account financing and private demand.
- India’s domestic-demand-driven growth story remains intact thanks to favorable demographics and rising investment, but slow liberalization and implementation of structural and regulatory reforms could disappoint investors.
- Fiscal and monetary policies lag behind the curve in curbing asset bubbles and overheating risks; strong capital inflows will necessitate[...]
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