Apr 25, 2013

India: Structural Reforms Have Occurred At A Slower Than Optimal Pace

"Structural reforms and liberalisation that have occurred in India in last few years have happened at a slower than optimal and desirable pace. That is one of the reasons why economic growth in India for last couple of years has been disappointing. The government is trying to jumpstart some reforms." - in Economic Times

Related ETFs: WisdomTree India Earnings Fund ETF (EPI), Direxion Daily India Bull 2X Shares (INDL)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.