THE EVOLUTION OF THE INDIAN ECONOMY

1. « Evolution of the Indian Economy, 23 February 2006 » THE EVOLUTION OF THE INDIAN ECONOMY • Economic Performance (1990-2005) • A Specific Pattern of Development • Is the Growth Model Sustainable? Current Policy Issues • Long-Term Prospects- Potential Growth

2. « Evolution of the Indian Economy, 23 February 2006 » Economic Performance (1990-2005):The Other Giant Catching-up • One of the most dynamic economy in the world • International trade: behind China in trade of goods, but a major exporter of services • Still very poor: a slow convergence of income with industrialised economies

7. « Evolution of the Indian Economy», 23 February 2006 »

15. « Evolution of the Indian Economy, 23 February 2006 »

17. Product Composition of High-Tech Exports

18. « Evolution of the Indian Economy, 23 February 2006 »

19. « Evolution of the Indian Economy, 23 February 2006 »

23. « Evolution of the Indian Economy, 23 February 2006 »

28. « Evolution of the Indian Economy, 23 February 2006 » Long-term Prospects- Growth Potential • Scenarios: • Recent studies have raised potential growth to 7-8%, based on higher investment and strong institutions. • Potential may not be realised: a return to a lower growth path