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Why India Can Grow At 7 Percent a Year or More: Projections and Reflections
Author:
Mr. Dani Rodrik null

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and
Mr. Arvind Subramanian
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Series:
IMF Working Papers
Volume/Issue:
Volume 2004: Issue 118
Language:
English
Publication Date:
01 Jul 2004
DOI:
https://doi.org/10.5089/9781451854114.001
ISBN:
9781451854114
ISSN:
1018-5941
Pages:
17
Keywords:
WP; India; dependency ratio; Growth; institutions; portraying India; government debt-to-GDP ratio; per capita income; economic growth performance; level of TFP; India's underrated strength; Total factor productivity; Human capital; Productivity; Public expenditure review; East Asia; Middle East
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Using a simple growth accounting framework, we project India's future potential output growth rate through 2025. We argue that there is perhaps more upside potential than downside risks to our central estimate of annual growth, which is close to 7 percent for aggregate output, or 5.5 percent for output per capita.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund