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The challenges of India economy in current international economics environment

Author

Listed:
  • Marcel Kordo?

    (Alexander Dubcek University in Trencin)

  • Sergej Vojtovi?

    (Alexander Dubcek University in Trencin)

Abstract

In the past few years India´s economy has got economic growth 5 percent a year. Despite the country´s economic view is unpredictable. On one hand India has strong economic growth and healthy market. On the other hand the country´s development is being complicated by insufficient infrastructure, higher budget deficit, low foreign direct investments flow and slow employment growth. The second most populated country of the world with huge natural resources amount has the potential to come back in world economic development where it used to be. Thus the main aim of this paper is by means of current status and development analysis of India´s economy at present times and in the past to determine its future position and leeway in the international economics system.

Suggested Citation

  • Marcel Kordo? & Sergej Vojtovi?, 2016. "The challenges of India economy in current international economics environment," Proceedings of International Academic Conferences 4106864, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:4106864
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    File URL: https://iises.net/proceedings/25th-international-academic-conference-oecd-paris/table-of-content/detail?cid=41&iid=035&rid=6864
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    More about this item

    Keywords

    Global political economy; economic growth; labor force; international business; BRICS countries;
    All these keywords.

    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy

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