Data and Financial Journalist
This article focuses on three economies that have been discussed a lot lately : India, China & USA. India and China are considered as emerging economies but have issues like population and poverty. We compare India & China to USA using IMF reports released in April, 2014 and information provided in Index of Economic Freedom, an annual guide published by The Wall Street Journal ,IMF data and The Heritage Foundation.
2014 witnesses general election in nine phases in India. Of course, no party ever wins with a majority and usually alliances form the government. However, the battle amongst Indian National Congress (Congress), Bhartiya Janata Party (BJP) & debutant Aam Aadmi Party (AAP) has created headlines. Indian markets keep a close watch on may 16 since it will decide the fate of the country.
India has one of the largest and fastest growing economes. It is one of the members of BRICS and forms a part of G-20. With a huge population, India now faces a high Inflation rate of 9.39% (CPI) as in April 2013 and a high CAD (Current Account Deficit). Eurozone crisis and in-house politics worsen matters further. Is all well in India? A brief & closer look at what is happening.
‘Too Big to fail’ is a clear concept asserting that certain financial concerns are too large and well connected to fall apart and incases when this occurs the government should step in to bail them out.But does it hold true in all cases?A small write up on how this issue is big and ways to get it right.