Sen, Abhijit and Singh, Ajit (2012): India has achieved creditable growth - letter to the Financial Times editor. Published in: Letter : Financial Times (20 June 2012)
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Abstract
The FT editorial on 27th May 2012 about India and Prime Minister Dr. Manmohan Singh is unhelpful and seriously misleading. It suggests that the Government is wholly responsible for the fall in India’s growth rate, for the collapse of the exchange rate of the rupee and for the fall in exports despite the considerable devaluation of the rupee. It holds the PM responsible for all these failings and regards him as a do-nothing leader. This is in our view a one-sided and misleading analysis on what is going on in the Indian economy.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | India has achieved creditable growth - letter to the Financial Times editor |
| Language: | English |
| Keywords: | India, Economic growth and downslide, rupee devaluation |
| Subjects: | E - Macroeconomics and Monetary Economics > E0 - General |
| Item ID: | 53041 |
| Depositing User: | Ajit Singh |
| Date Deposited: | 21 Jan 2014 22:22 |
| Last Modified: | 01 Oct 2019 10:06 |
| References: | Reference: FT Editorial, 27th May 2012 The Economist, May 2012 |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/53041 |
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