India’s overall growth driven by domestic demand

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India’s overall growth driven by domestic demand

India should export 30 percent of its GDP, but presently it is only 10 percent, says World Bank Chief Economist Hans Timmer. India’s economic growth in recent years has been “too much” driven by domestic demand and its exports were about one third of its potential, a World Bank official said, asserting that the next […]

It’s possible to end poverty in South Asia

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It’s possible to end poverty in South Asia

Annette Dixon of the World Bank writes: October 17 is the international day to end poverty. There has been much progress toward this important milestone: the World Bank Group’s latest numbers show that since 1990 nearly 1.1 billion people have escaped extreme poverty. Between 2012 and 2013 alone, around 100 million people moved out of […]