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Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10003963583
We survey India’s experience with exporting services. We show that the country’s experience is unique in that modern tradable services are a significantly larger share of GDP than in other countries at comparable levels of economic development. This has not always been the case, however;...
Persistent link: https://www.econbiz.de/10011257787
Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10009363516
Purpose – This paper aims to survey India's experience with exporting services. The authors seek to show that the country's experience is unique in that modern tradable services are a significantly larger share of GDP than in other countries at comparable levels of economic development. This...
Persistent link: https://www.econbiz.de/10010661246
The Indian banking system was initially thought to be insulated from the global financial crisis owing to heavy public ownership and cautious management. It was thus a surprise when some banks experienced deposit flight, as depositors shifted their money toward government-owned banks and...
Persistent link: https://www.econbiz.de/10010719327
Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10011807655
This paper will hopefully provide an important methodological tool for all researchers who may be attempting to analyze and explain the growth of the service sector and its share in the Indian GDP over the past decades. [ICRIER WP no. 235].
Persistent link: https://www.econbiz.de/10005012252
Among fast growing developing countries, India is distinctive for the role of theservice sector. However, sceptics have raised doubts about both the quality andsustainability of the increase in service sector activity and its implications foreconomic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10008500230
Persistent link: https://www.econbiz.de/10010438998
The "tapering talk" starting on May 22, 2013, when Federal Reserve Chairman Ben Bernanke first spoke of the possibility of the U.S. central bank reducing its security purchases, had a sharp negative impact on emerging markets. India was among those hardest hit. The rupee depreciated by 18...
Persistent link: https://www.econbiz.de/10011396352