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Rohit Inani

Rohit Inani

  • Most fast growing major economies of the previous century such as Brazil, Mexico and Turkey exhausted their growth potential for lack of a structural shift in their growth model. Thus they fell into the middle income trap.

    India today is facing something similar. Growth has slowed down, surprising

    Most fast growing major economies of the previous century such as Brazil, Mexico and Turkey exhausted their growth potential for lack of a structural shift in their growth model. Thus they fell into the middle income trap.

    India today is facing something similar. Growth has slowed down, surprising many. Experts say this is a structural slowdown and India's economy needs bold reforms to revive growth back to 7-8 percent in order to avoid the middle income trap.