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India Goes Global: Its Expanding Role in the Global Economy

By Catriona Purfield, Jerald A Schiff

August 29, 2006

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Format: Chicago

Catriona Purfield, and Jerald A Schiff. India Goes Global: Its Expanding Role in the Global Economy, (USA: International Monetary Fund, 2006) accessed December 5, 2024

Summary

In the past few years, India has emerged as a global economic power. It is one of the world’s fastest-growing economies, the leading outsourcing destination, and a favorite of international investors. But even with India’s impressive recent achievements, the country continues to face considerable challenges as it seeks to sustain rapid growth and extend the benefits to all its citizens. Is India entering into a "Golden Age" or experiencing a period of rapid but ultimately unsustainable growth? The studies in this book examine in detail what lies behind India’s recent economic rise and considers the steps needed to build on this success over the medium term.

Subject: Balance of payments, Corporate income tax, Exports, Foreign direct investment, Income and capital gains taxes, International trade, National accounts, Personal income, Taxes

Keywords: Africa, Asia and Pacific, BOOK, Corporate income tax, East Asia, Exports, FDI approval, FDI inflow, FDI location, Foreign direct investment, Global, Government, Growth performance, Income and capital gains taxes, India, Infrastructure gap, Personal income, South Asia, State, Trade openness, Western Europe

Publication Details

  • Pages:

    204

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    Books

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    IGGIEA

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