Unleashing India’s Growth Potential

Unleashing India’s Growth Potential
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Volume/Issue: Volume 2023 Issue 082
Publication date: April 2023
ISBN: 9798400240898
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Economics- Macroeconomics , Economics / General , India , Potential Growth , Labor Markets , Capital , Productivity , Pandemic , Production Function Approach , Structural Reforms , , upside scenario , TengTeng xu , impact of the pandemic , growth rate , Total factor productivity , COVID-19 , Human capital , Global

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Summary

This paper analyzes the drivers of India’s growth in the past five decades and considers baseline and upside scenarios of India’s medium-term potential growth. Using a production function approach, the paper assesses the impact of the pandemic on the key factors of production and therefore its impact on medium-term growth. Successful implementation of wide-ranging structural reforms could help support productivity and potential growth over the medium term.

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