#India #PublicDebt to #GDP - CAN INDIA Sustain a High Real GDP growth say 6% for 15 years ?
Empirical Evidence collected by several peer reviewed papers indicate an economy's growth Faulters when PUBLIC DEBT > 85-90% . India Debt/GDP = 90%. Chart 2 implications. COMMENTS welcome
Empirical Evidence collected by several peer reviewed papers indicate an economy's growth Faulters when PUBLIC DEBT > 85-90% . India Debt/GDP = 90%. Chart 2 implications. COMMENTS welcome
See how Indias Debt to GDP has reached almost 90% despite Indias TAX TO GDP ratio being at its LIFE-TIME high...
And Empirical Evidence from over 32 economies which have witnessed development indicate that LongTerm REAL gdp growth struggles to exceed 3-4% over a 5 to 15 year time-frame.
Challange India has is 6 fold
1) World Growth is slowing down
2) Easy Money of the last 20 years is behind us
3) Energy Costs are rising
4) AI is replacing lots of low end jobs (Seen #chatgpt3 ?)
5) Near-Shoring or De-globalization is rising.
6) INR is NOT a "Reserve" Currency
1) World Growth is slowing down
2) Easy Money of the last 20 years is behind us
3) Energy Costs are rising
4) AI is replacing lots of low end jobs (Seen #chatgpt3 ?)
5) Near-Shoring or De-globalization is rising.
6) INR is NOT a "Reserve" Currency
if you liked this and found its thought provoking, kindly #Retweet. I really want to get wider COMMENTS on this coz almost every single person in the Indian Economic space is saying 7-8% Long Term GDP growth but NOBODY talks of DEBT/GDP. Pls #Retweet
https://twitter.com/TheFactFindr/status/1599398607337459712
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