Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/10243
Title: The Impact of the Crisis on the Indian Economy
Authors: Ram Mohan, T. T.
Keywords: Indian Economy;Crisis
Issue Date: 11-Nov-2009
Publisher: Economic and Political Weekly
Citation: Ram Mohan, T.T. (2009). The Impact of the Crisis on the Indian Economy. Economic and Political Weekly, 44(11).
Abstract: The effects of the global financial crisis have been more severe than initially forecast. The turning point was the decision in September 2008 to let Lehman Brothers fail, an event that had a series of ruinous cascading effects. Given the depth of the crisis in the United States and Europe, it was only to be expected that India too would be affected. But India's well-regulated banking system and adequate policy responses should ensure that the fallout, at least on the banking sector, will be contained.
Description: Economic and Political Weekly, Vol. 44, No. 11, (March 28 - April 3, 2009)
URI: http://hdl.handle.net/11718/10243
Appears in Collections:Journal Articles

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