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Среда, 19 августа 2020 17:04
World Bank: India Development Update, July 2020 - July 2020 - eng (pdf)
The pandemic has afflicted India at a time when its economy had already been decelerating. Defying a long-term accelerating path, real GDP growth moderated from 7.0 percent in 2017-18 to 6.1 percent in 2018-19 and 4.2 percent in 2019-20. The pre-COVID-19 growth deceleration was perceived to be due to long-standing structural rigidities in key input markets; continuing balance sheet stress in the banking and corporate sector, which were compounded more recently by stress in the non-banking segment of the financial sector; increased risk aversion among banks and corporates; a decline in rural demand; and a subdued global economy.
Дополнительная информация
- Серия: Международные организации / World Bank / Economic and Sector Work (ESW) Studies / Economic Updates and Modeling
- Год: 2020
- Месяц: 7
- Источник: World Bank
