India's engagement with the global economy became deeper from the 1990s. Now the global economy has great impact on … Indian economy too. The global crisis has hit India through a "sudden stop" of capital inflows and a collapse of both … external and domestic demand. India's growth rate in 2008-09 was 6.7 per cent as compared to 9 per cent in the previous year …

Economic growth of China and India has been extensively studied by researchers; however, most of the existing studies …