BOOM

Trending Searches

    SUPPORT
    BOOM

    Trending News

      • Fact Check 
        • Fast Check
        • Politics
        • Business
        • Entertainment
        • Social
        • Sports
        • World
      • Law
      • Explainers
      • News 
        • All News
      • Decode 
        • Impact
        • Scamcheck
        • Life
        • Voices
      • Media Buddhi 
        • Digital Buddhi
        • Senior Citizens
        • Videos
      • Web Stories
      • BOOM Research
      • BOOM Labs
      • Deepfake Tracker
      • Videos 
        • Facts Neeti
      • Home-icon
        Home
      • About Us-icon
        About Us
      • Authors-icon
        Authors
      • Team-icon
        Team
      • Careers-icon
        Careers
      • Internship-icon
        Internship
      • Contact Us-icon
        Contact Us
      • Methodology-icon
        Methodology
      • Correction Policy-icon
        Correction Policy
      • Non-Partnership Policy-icon
        Non-Partnership Policy
      • Cookie Policy-icon
        Cookie Policy
      • Grievance Redressal-icon
        Grievance Redressal
      • Republishing Guidelines-icon
        Republishing Guidelines
      • Fact Check-icon
        Fact Check
        Fast Check
        Politics
        Business
        Entertainment
        Social
        Sports
        World
      • Law-icon
        Law
      • Explainers-icon
        Explainers
      • News-icon
        News
        All News
      • Decode-icon
        Decode
        Impact
        Scamcheck
        Life
        Voices
      • Media Buddhi-icon
        Media Buddhi
        Digital Buddhi
        Senior Citizens
        Videos
      • Web Stories-icon
        Web Stories
      • BOOM Research-icon
        BOOM Research
      • BOOM Labs-icon
        BOOM Labs
      • Deepfake Tracker-icon
        Deepfake Tracker
      • Videos-icon
        Videos
        Facts Neeti
      Trending Tags
      TRENDING
      • #Operation Sindoor
      • #Pahalgam Terror Attack
      • #Narendra Modi
      • #Rahul Gandhi
      • #Waqf Amendment Bill
      • #Arvind Kejriwal
      • #Deepfake
      • #Artificial Intelligence
      • Home
      • Business
      • India's Addiction To Export-Led...
      Business

      India's Addiction To Export-Led Growth Is A Serious Challenge: Jahangir Aziz

      India is not unique, just another emerging market country that has benefited from global trade expansion since 2000, says Jahangir Aziz

      By - Govindraj Ethiraj |
      Published -  1 April 2017 6:03 PM IST
    • Boomlive

      Is there a stable growth differential between emerging market (EM) economies like India and developed economies and will that help in more capital flows to EMs? Speaking to BOOM's Govindraj Ethiraj, Jahangir Aziz, Managing Director, JP Morgan argues that the growth differential is not very significant and shows that India has a lot to worry, unless it reduces its addiction to an export-led economy for fueling growth.

      Aziz said that while the Indian government may be correct in focusing on manufacturing, the demand in the domestic market has to be expanded for sustained growth. He also supports disincentivising savings and incentivising spending to keep the rising savings rate in India in check.

      Most economists have expressed their surprise at the new methodology being followed by the government that showed gross domestic product (GDP) growth data for the December quarter at 7%. While the government has used this data to hit back at critics of demonetisation, Aziz says that the fundamental problems related to our economy continues to be a matter of concern. Aziz wants the Central Statistics Office (CSO) to make its database of companies public so that economists and analysts can and understand the methodology followed by them to calculate GDP.

      Watch this economics masterclass with Jahangir Aziz

      Tags

      Developed economiesEmerging EconomiesExportsfiscal deficitGDPJP Morgansavingsspending
      Read Full Article
      Next Story
      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker. Please reload after ad blocker is disabled.
      X

      Subscribe to BOOM Newsletters

      👉 No spam, no paywall — but verified insights.

      Please enter a Email Address
      Subscribe for free!

      Stay Ahead of Misinformation!

      Please enter a Email Address
      Subscribe Now🛡️ 100% Privacy Protected | No Spam, Just Facts
      By subscribing, you agree with the Terms & conditions and Privacy Policy connected to the offer

      Thank you for subscribing!

      You’re now part of the BOOM community.

      Or, Subscribe to receive latest news via email
      Subscribed Successfully...
      Copy HTMLHTML is copied!
      There's no data to copy!