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The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.
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DOI: 10.1108/OXAN-DB287104
ISSN: 2633-304X
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Geographic
Topical
CHINA: Property and consumer stimulus will work slowly
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DOI: 10.1108/OXAN-ES287109
ISSN: 2633-304X
Keywords
Geographic
Topical
A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
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DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
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Geographic
Topical
Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…
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DOI: 10.1108/OXAN-DB286623
ISSN: 2633-304X
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Geographic
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The COVID-19 pandemic has exacerbated inequality, according to official data. Divergence across income brackets has risen, with low- and middle-income households having been hit…
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DOI: 10.1108/OXAN-DB282898
ISSN: 2633-304X
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Geographic
Topical
CHINA: May activity makes more stimulus very likely
GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…
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DOI: 10.1108/OXAN-DB279855
ISSN: 2633-304X
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Geographic
Topical
The pace and structure of consumer spending influences China’s ability to lift global growth as it imports more. Longer term, consumption matters to living standards in China and…
CHINA: GDP goal is achievable but imbalances will rise
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DOI: 10.1108/OXAN-ES276768
ISSN: 2633-304X
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Geographic
Topical
In human terms, these indicators represent lost income, financial insecurity and a fall in present and expected future living standards. The wave of protests last month…