The Economy: Express Or Stopping
Páginas: 10 (2300 palabras)
Publicado: 14 de octubre de 2012
TThe economy: Express or stopping? | The Economist
Log in
Register
02/10/12 09:10
Subscribe
Digital & mobile
Events
Topics AZ
Newsletters
Tuesday October 2nd 2012
Jobs
RSS feed
Search
World politics Business & finance Economics Science & technology Culture BlogsDebate The World in 2012Multimedia Print edition
Special report: India
Comment (1)
PrintThe economy
E-mail
Reprints & permissions
Express or stopping?
India's growth rate, supercharged for a decade, is falling back to older,
lower levels
Sep 29th 2012 | from the print edition
Like
80
Twittear
Advertisement
33
Recent Activity
Difference Engine: The PC all over again?
1,116 people recommended this.
The secrets of Buffett’s success
1,411 peoplerecommend this.
INDIA'S TRAINS MOVE slowly. That gives passengers plenty of time to observe their
Thirsty work
fellow riders. They are travelling far to visit a hospital, take up a job, enroll at college.
8,352 people recommend this.
Odishan coffee pickers in Karnataka, Assamese students in Kerala and Bihari diamond
Americanisms in Britain, Britishisms in
America and a house dividedat the BBC
polishers in Gujarat all move as freely around their country as Americans hop from state
414 people recommend this.
to state. That mobility should give India an advantage over countries like China that
penalise farmers when they leave their land.
Indians are also increasingly well connected. On one 4,200km train ride, through 615
stations, your correspondent never once losthis mobile-phone signal. A decade ago few
Facebook social plugin
would have cared, since only 9% had a phone of any kind. Now, according to census data
from last year, 63% of householders have a phone, usually a mobile. Ericsson, a maker of
phone handsets, said this month that three-quarters of Indians now have access to a
mobile.
Most popular
Recommended
The endless rows ofconcrete houses with trailing wires seen
from the windows tell a story too. The same census showed
1
In this special report
that of India's 247m households, two-thirds have electricity
Aim higher
and nearly half TV. A similar number own bicycles, though
only 5%, so far, have a car.
The candidate
» Express or stopping?
2010 some 470m Indians had incomes between $1,000 and
On ahiding to something
rise to 570m within a decade, creating a market worth $1
trillion. The big Indian firms that are doing best—such as
China and Japan
Could Asia really go to
war over these?
Power shifts
According to a new report by PricewaterhouseCoopers, in
$4,000 a year. The consultancy reckons that this figure will
Commented
A billion brains
2
3
4
Daily chart :Thirsty work
5
6
Chinese politics : A spectacular fall
Concrete jungles
Mahindra and Mahindra, a carmaker, Hero MotoCorp, which
No frills
makes motorbikes, or Hindustan Unilever, which produces
An uphill walk
The next crisis : Sponging boomers
Poland and Britain : Sikorski in Oxford
(again)
India : In search of a dreamhttp://translate.googleusercontent.com/translate_c?anno=2&dept…mist.com/node/21563420&usg=ALkJrhgdp0VvSBD2EQbFC5d8vldG9pxYCg
Página 1 de 4
The economy: Express or stopping? | The Economist
small consumer goods—are those targeting such buyers.
02/10/12 09:10
Sources & acknowledgements
Reprints
Yet the rosy forecasts were drawn up when the economy was
roaring ahead and it seemed that another decade or two of
similarly highgrowth would deliver a big mid-income
Related topics
economy. Now that prospect is in question. The next few
Raghuram Rajan
years are likely to see much slower expansion.
China
Doubters had long been saying that India's potential rate of
7
8
9
10
Verbosity at the UN : Keep talking
Buttonwood : The secrets of Buffett's
success
US election 2012 : States of play
Barack...
Log in
Register
02/10/12 09:10
Subscribe
Digital & mobile
Events
Topics AZ
Newsletters
Tuesday October 2nd 2012
Jobs
RSS feed
Search
World politics Business & finance Economics Science & technology Culture BlogsDebate The World in 2012Multimedia Print edition
Special report: India
Comment (1)
PrintThe economy
Reprints & permissions
Express or stopping?
India's growth rate, supercharged for a decade, is falling back to older,
lower levels
Sep 29th 2012 | from the print edition
Like
80
Twittear
Advertisement
33
Recent Activity
Difference Engine: The PC all over again?
1,116 people recommended this.
The secrets of Buffett’s success
1,411 peoplerecommend this.
INDIA'S TRAINS MOVE slowly. That gives passengers plenty of time to observe their
Thirsty work
fellow riders. They are travelling far to visit a hospital, take up a job, enroll at college.
8,352 people recommend this.
Odishan coffee pickers in Karnataka, Assamese students in Kerala and Bihari diamond
Americanisms in Britain, Britishisms in
America and a house dividedat the BBC
polishers in Gujarat all move as freely around their country as Americans hop from state
414 people recommend this.
to state. That mobility should give India an advantage over countries like China that
penalise farmers when they leave their land.
Indians are also increasingly well connected. On one 4,200km train ride, through 615
stations, your correspondent never once losthis mobile-phone signal. A decade ago few
Facebook social plugin
would have cared, since only 9% had a phone of any kind. Now, according to census data
from last year, 63% of householders have a phone, usually a mobile. Ericsson, a maker of
phone handsets, said this month that three-quarters of Indians now have access to a
mobile.
Most popular
Recommended
The endless rows ofconcrete houses with trailing wires seen
from the windows tell a story too. The same census showed
1
In this special report
that of India's 247m households, two-thirds have electricity
Aim higher
and nearly half TV. A similar number own bicycles, though
only 5%, so far, have a car.
The candidate
» Express or stopping?
2010 some 470m Indians had incomes between $1,000 and
On ahiding to something
rise to 570m within a decade, creating a market worth $1
trillion. The big Indian firms that are doing best—such as
China and Japan
Could Asia really go to
war over these?
Power shifts
According to a new report by PricewaterhouseCoopers, in
$4,000 a year. The consultancy reckons that this figure will
Commented
A billion brains
2
3
4
Daily chart :Thirsty work
5
6
Chinese politics : A spectacular fall
Concrete jungles
Mahindra and Mahindra, a carmaker, Hero MotoCorp, which
No frills
makes motorbikes, or Hindustan Unilever, which produces
An uphill walk
The next crisis : Sponging boomers
Poland and Britain : Sikorski in Oxford
(again)
India : In search of a dreamhttp://translate.googleusercontent.com/translate_c?anno=2&dept…mist.com/node/21563420&usg=ALkJrhgdp0VvSBD2EQbFC5d8vldG9pxYCg
Página 1 de 4
The economy: Express or stopping? | The Economist
small consumer goods—are those targeting such buyers.
02/10/12 09:10
Sources & acknowledgements
Reprints
Yet the rosy forecasts were drawn up when the economy was
roaring ahead and it seemed that another decade or two of
similarly highgrowth would deliver a big mid-income
Related topics
economy. Now that prospect is in question. The next few
Raghuram Rajan
years are likely to see much slower expansion.
China
Doubters had long been saying that India's potential rate of
7
8
9
10
Verbosity at the UN : Keep talking
Buttonwood : The secrets of Buffett's
success
US election 2012 : States of play
Barack...
Leer documento completo
Regístrate para leer el documento completo.