Building Economic Resilience in India: From Managing External Vulnerability to Developing Productive Capabilities
Building Economic Resilience in India: From Managing External Vulnerability to Developing Productive Capabilities[1] Economic performance discussion often focuses on outcomes such as growth, inflation, fiscal balances, exchange-rate stability, foreign-exchange reserves, etc. While these indicators provide useful insights into the state of an economy, they reveal relatively little about the productive capabilities required to sustain prosperity…