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India can grow over 8-8.5%

Posted by Dave
July 16, 2008

SIFY
[Confederation of Indian Industry President and ICICI Bank Managing Director K V Kamath ] noted with satisfaction India having a strong savings rate of 34.8 per cent, investment rate of 35.9 per cent and incremental capital-output ratio (ICOR) of four per cent, better than China(4.3 per cent) and Brazil (5.1 per cent). The country had [...]

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BRIC growth prospects

Posted by Dave
July 6, 2008

Image via Wikipedia
via DB Research
there are also structural factors at work that bode well for the medium-term growth prospects of the BRICs. These factors can be captured in a simple growth accounting framework. Economic growth can be broken down into several components, namely changes in labour and capital inputs, and total factor productivity. (Total factor [...]