Take a developed country such as the USA and a developing country such
as India. Analyse the main characteristics of these economies.
It should be in about 300 words then i will mark him brainliest.
Please answer for 100 points.
Answers
Answered by
0
Answer:
21-Nov-2020 — Noneconomic factors, such as the human development index, may also be used as criteria. Developing economies are often ...
Please Follow Me
Answered by
21
Answer:
THE ECONOMIC SITUATION IN INDIA
THE ECONOMIC SITUATION IN INDIAArvind Panagariya of Columbia University opened the first session by outlining India’s departure from a history of restrictive policies on investment, licensing, and production, which were especially tight in the 1960s and 1970s. Since liberalization began in the 1980s, GDP growth has surged. Panagariya suggested that the elephant metaphor did not reflect the recent speed of India’s transformation, which has been more like a tiger. From 2003-2007, GDP growth has averaged 8.6 percent (14-15 percent in real dollar terms). Is this rate the peak of a cycle or can it be sustained?
Similar questions