India's Promise Is Put on Hold

摘要

Many economists predict that India's real gross domestic product growth will slow this year and next to only about 7.5 percent per annum — a disappointment in relative terms, as recession-battered developed markets would welcome such a rate. But India's promise as an investment destination remains largely unfulfilled, its growth constrained by a government viewed as unresponsive, ineffectual and riddled with corruption.