Economic slowdown and financial fragility : the structural malaise of India’s growth process

Dasgupta, Zico (2020) Economic slowdown and financial fragility : the structural malaise of India’s growth process. Economic and Political Weekly, 55 (13). pp. 46-53. ISSN 2349-8846

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Abstract

The Indian economy is presently gripped by the dual phenomenon of an unprecedented slowdown as well as financial fragility. What has triggered this? Is this simply a random exogenous shock to an otherwise well-functioning economy? Or, is there anything structural about the present slowdown? What are the binding constraints for recovery? These questions are addressed in the context of India’s overall growth trajectory and policy regime in the last two decades.

Item Type: Article
Authors: Dasgupta, Zico
Uncontrolled Keywords: Indian economy, Economic slowdown, Financial fragility, India’s growth process, India
Subjects: Social sciences > Economics
Divisions: Azim Premji University > School of Arts and Sciences
Full Text Status: Public
URI: http://publications.azimpremjifoundation.org/id/eprint/2269
Publisher URL: https://www.epw.in/journal/2020/13/money-banking-a...

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