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The slowdown in 2019-20 was neither anomalous, nor inexplicable

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You will need to do not forget that development had been slowing for 5 consecutive quarters earlier than 2019-20

Subjects
GDP | ncaer | NBFCs

T C A Srinivasa-Raghavan

Economists love to search out traits or anomalies, and the extra debatable they’re, the higher. The most recent one doing the rounds is the concept the anaemic 4 per cent GDP development in 2019-20 was by some means sudden, unprecedented, and deviating from the pattern, which was of a lot greater development.

A working paper by Poonam Gupta and Abhinav Tyagi of the NCAER says 2019-20 was an exception. They are saying the “deep and anomalous financial slowdown in 2019-20” was anomalous as a result of development in 2019-20 was rather a lot slower than within the earlier years. To cite: “However the prevailing …

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First Revealed: Tue, April 19 2022. 09:58 IST

The post The slowdown in 2019-20 was neither anomalous, nor inexplicable appeared first on India Express Online.

Source: Around the Globe

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