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'Only in a crisis does India reform and we're seeing signs of it now'

‘Only in a crisis does India reform and we’re seeing signs of it now’ Ruchir Sharma, head of EMs, Morgan Stanley Investment Management 3 min read Puja Mehra Ruchir Sharma—head of EMs, Morgan Stanley Investment Management—reflects on what India needs to do to join the comeback he expects to see in emerging markets in the 2020s Share Via Breakout Nations and The 10 Rules of Successful Nations, Ruchir Sharma has been studying emerging markets for close to 30 years. He was 17 in 1991 and...
Republic Of Baden Wuberg Atal Bihari Vajpayee Claes Oldenburg Preetha Reddy Prathapc Reddy

Like 1991, the 2021 crisis presents an opportunity

Like 1991, the 2021 crisis presents an opportunity It is important to create better and fairer conditions for doing business, build consensus on economic policies, and avoid socially divisive policies or actions. (Art: Ringa Ringa Roses by Gigi Scaria, 2018, Bronze) 5 min read C. Rangarajan Even if the economy grows at 8.7% in 2021-22, we may remain at the level we were in March 2020. We will need to run faster to stay where we are Share Via Read Full Story With the arrival of 2021, the liber...
Gigi Scaria Economic Advisory Council International Monetary Fund National Statistical Office World Bank Hesitant Attempt

1991 reforms aimed at more than just BoP crisis

1991 reforms aimed at more than just BoP crisis GDP growth is only one measure of progress; others such as poverty reduction, educational achievements and health indicators are equally important, says economist Ahluwalia. Art: Charming Nation by N.S. Harsha (N.S. Harsha/Chemould Prescott Road) 9 min read Puja Mehra The balance of payments (BOP) crisis was the immediate trigger but the other challenge was problem of slow growth, says Montek Singh Ahluwalia Share Via Read Full Story An economis...
Rajiv Gandhi Saddam Hussein Arvind Panagariya Atmanirbhar Bharat Sunil Padwal Manmohan Singh

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