The Global Financial Crisis and Short-Run Prospects for India
24 Pages Posted: 24 Apr 2009 Last revised: 26 Jan 2011
Date Written: April 20, 2009
Abstract
This paper provides an overview of the impact of the global financial crisis (GFC) on the Indian economy. It identifies the channels through which the GFC has impacted the Indian economy and evaluates the stimulus packages that have been put in place by the government of India. Finally, the paper examines short run prospects for the Indian economy in light of the GFC and the economy’s recent dynamism.
Keywords: Global Financial Crisis, Stimulus packages, India
JEL Classification: E10, E20, E62
Suggested Citation: Suggested Citation
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