Think Productivity
Published By: BS on eSS | Published Date: July, 11 , 2007Export growth and rate of increase in bank credit have slowed down, oil prices are very high, becasuse of the interest rate hike, housing demand has reduced. Even though Sensex has crossed 15000, GDP growth rate will not be 9 percent or more than that. But no one is predicting less than 8 per cent. Solution to these problems can be going back to reforms rather than a different style of macro-economic management.
Author(s): T.N. Ninan | Posted on: Jul 10, 2007 | Views(2867) | Download (334)