C+I+G+(X-M)—Where Will India's Post-Pandemic Growth Come From?
C+I+G+(X-M)—This ubiquitous equation which adds up the country's GDP is one that may need concentrated attention as the Indian economy emerges from the Covid crisis. Which of those components will contribute to GDP growth? Will it be C or consumption? Will it be I or private investment? Will G, or the government, have to do the heavy lifting? Or can (X-M) or net exports give the economy the much-needed boost? JPMorgan's Sajjid Chinoy believes that two of these components could support growth in the economy over the next six to eight quarters.
Source: bloombergquint.com
