Attention Economy


Tuesday, January 21, 2025

India’s Growth Slowdown – An Aggregate Demand or an Aggregate Supply Problem?

India’s Economy Slows Down Just When It Was Supposed to Speed Up
https://www.nytimes.com/2025/01/21/business/indian-economy-rupee.html
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. 

Popcorn Is Taxed at Three Rates in India. A Nation Says This Is Why We’re a Mess.
https://www.wsj.com/world/india/popcorn-tax-india-government-three-rates-6b6499eb
Critics say government’s efforts to simplify system and cut red tape are going in reverse; ‘popcorn is popcorn’.

Solving India’s Industrialization Puzzle

https://www.project-syndicate.org/commentary/structural-barriers-to-indian-industrialization-by-rabah-arezki-and-partha-sen-2025-01

As China’s labor costs have increased, many analysts anticipated a massive expansion in India’s industrial base. So, why, despite its vast supply of labor, has India failed to attract international investors seeking a lower-wage manufacturing workforce?