漂亮的紫色背景条纹PPT模板PPT教学课件
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(US$ ppp) 1178 3051
Source: World Bank
2020/12/11
10
India Story
8. India is now the 4th largest economy
And it will cross Japan between 2012 and 2014 to become the 3rd largest
• Less inequality – GINI INDEX
India 33
U.S
41
China 45
Brazil 59
• The world needs another big consuming economy after the U.S.
8
India Story
6. Productivity is rising
30% to 40% of GDP growth is due to rising productivity
2020/12/11
9
India Story
7. Per capita income gains
1980 2000
1.0 3.5 6.0 8.0
Sources: 1900-1990: Angus Maddison (1995), Monitoring the World Economy, 1990-2000:Census of India (2001), 20002005 Finance Ministry
2020/12/11
Domestic Services
Exports Manufacturing
2020/12/11
14
DRIVERS OF GROWTH
India
East and S.E. Asia
Domestic Services Consumption
Exports Manufacturing Investment
2020/12/11
15
DRIVERS OF GROWTH
来自百度文库
India
East and S.E. Asia
Domestic Services Consumption High tech, capital intensive industry
2020/12/11
Exports Manufacturing Investment Low tech, labour intensive industry
2020/12/11
11
THE INDIA MODEL IS UNIQUE
2020/12/11
12
DRIVERS OF GROWTH
India
East and S.E. Asia
Domestic
Exports
2020/12/11
13
DRIVERS OF GROWTH
India
East and S.E. Asia
4
India Story
2) Population growth is slowing
% average annual growth
1901 – 1950
1.0
1951 – 1980
2.2
1981 – 1990
2.1
1991 – 2000
1.8
2001 – 2010
1.5
Sources: 1900-1990: Angus Maddison (1995), Monitoring the World Economy, 1990-2000:Census of India (2001)
INDIA’S FUTURE
R B Roy Choudhury Memorial lecture
2020/12/11
Mumbai
29 January 2007 1
Even though the world has just discovered it, the India growth
story is not new. It has been going on for 25 years old
• How do we take people from farms to cities?
2020/12/11
18
IMPLICATION OF INDIA MODEL
Consumption led
• People friendly: Consumption as % of GDP
India 64 Europe 58 China 42
5. Poverty is declining
1980
46%
2000
26%
2010 (proj)
16%
1% of the people have been crossing poverty line each year for 20 years. Equals ~ 200 million.
2020/12/11
% Million People
1980
8
65
2000
22 220
2010 (proj)
32 368
2So0u2r0ce/1: 2T/h1e1Consuming Class, National Council of Applied Economic Research, 2002
7
India Story
16
IMPLICATIONS OF INDIA MODEL
Domestic led
• Insulation from global downturns • Less volatility
2020/12/11
17
IMPLICATION OF INDIA MODEL
Services led
• Have we skipped the industrial revolution?
2020/12/11
5
India Story
3. Literacy is rising
%
1950
17
1990
52
2000
65
2010 (proj)
80
Source: Census of India (2001)
2020/12/11
6
India Story
4. Middle class is exploding
2020/12/11
2
What is the India story?
2020/12/11
3
India Story
1) Rising GDP growth
1900 – 1950 1950 – 1980 1980 – 2002 2002 – 2006
% average annual GDP growth