The swearing-in speech of Donald Trump and his initial decisions put a big question mark on the future of cooperation in the world economy. The talks on protecting US jobs, factories, imports tax, exports incentives etc has the potential to erode the gains of several decades which provided significantly higher growth rate and improved productivity. … Continue reading End of Globalisation..???
Data on International trade & Inflation for Dec’16 and IIP for the month of Nov were released by government agencies earlier this week. Coming in the backdrop of demonetisation and its expected adverse impact, the figures were much awaited. To the relief of the government, the economy appears to have performed well on all the three parameters. … Continue reading Trade, IIP and Inflation – Nov/Dec Performance..
Even though India managed an impressive exports growth of 20% CAGR during FY00-12 period, the gains in terms of trade could not be achieved as imports grew at even faster pace. This led to trade deficit rising from about $ 13 bn in FY00 to more than $ 180 bn in FY12 as per the … Continue reading India's Imports – Where does the money go..??