Home » Economy » India got an inflation problem

India got an inflation problem

The persistent high inflation reminds me of China in mid 1990s. The problem is India’s central bank is not fully committed – if you want the growth/inflation trade-off, then you often end up with high inflation and low growth; but if you are committed in fighting inflation, you will tend to have stable growth and low inflation.

Leave a comment

Your email address will not be published. Required fields are marked *