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Wednesday, April 4, 2012

India's Global Integration

The extent to which global economic risks can impact the Indian economy is evident from the extent of global economic integration. As per data from the Reserve Bank of India (RBI), both India's trade balance and balance of payment (capital and current account) has increased manifold as a percentage of GDP over the past 4 decades. Since this is likely to increase, India will stand more exposed to global uncertainties.

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