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India has achieved creditable growth - letter to the Financial Times editor

Author

Listed:
  • Sen, Abhijit
  • Singh, Ajit

Abstract

The FT editorial on 27th May 2012 about India and Prime Minister Dr. Manmohan Singh is unhelpful and seriously misleading. It suggests that the Government is wholly responsible for the fall in India’s growth rate, for the collapse of the exchange rate of the rupee and for the fall in exports despite the considerable devaluation of the rupee. It holds the PM responsible for all these failings and regards him as a do-nothing leader. This is in our view a one-sided and misleading analysis on what is going on in the Indian economy.

Suggested Citation

  • Sen, Abhijit & Singh, Ajit, 2012. "India has achieved creditable growth - letter to the Financial Times editor," MPRA Paper 53041, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:53041
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    File URL: https://mpra.ub.uni-muenchen.de/53041/1/MPRA_paper_53041.pdf
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    Citations

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    Cited by:

    1. Ashwani Saith, 2018. "Ajit Singh (1940–2015), the Radical Cambridge Economist: Anti†imperialist Advocate of Third World Industrialization," Development and Change, International Institute of Social Studies, vol. 49(2), pages 561-628, March.

    More about this item

    Keywords

    India; Economic growth and downslide; rupee devaluation;
    All these keywords.

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General

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