India on the Move, Chinese Version Case Solution
By 2003, India was growing at nearly 6% per annum since 1992, after it suffered a financial collapse, abandoned import substitution, and proceeded slowly to embrace the Washington Consensus. However, nowadays, competition hurdles and fiscal controls are lighter, inflation is lower, and the current account is balanced.
On the other hand, the finance minister faced problems with huge financial shortfalls and the continuousinterference with Pakistan which discouragedforeign direct investment (FDI).India on the Move Case Solution
The question facing him is whether India can reduce these shortages (in the face of a 2004 election) or whether to let them slide, trusting that India's entrepreneurs and high tech southern states will carry the day.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: June 30, 2003
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