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- W2626765973 abstract "The deficit widened to a record 4.2 per cent of GDP in 2011-12, far above what the Reserve Bank of India itself considers a sustainable level, namely 2.5 per cent of GDP. The key reason for the large current account deficit lies in the trade deficit having ballooned, due to India's relatively poor competitiveness and high dependence on oil and gold imports which alone account for virtually half of total imports." @default.
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- W2626765973 date "2013-02-01" @default.
- W2626765973 modified "2023-09-23" @default.
- W2626765973 title "Five challenges for India in 2013" @default.
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