India the riskiest economy

K.R. Balasubramanyam        Print Edition: December 16, 2007

 India, Turkey and Hungary are the riskiest economies in the world because of high current account deficits and relatively high consumer price inflation.

A recent report in The Economist says these countries are vulnerable to a sudden outflow of capital if global investors become more risk-averse.

The IMF, meanwhile, has said China and India willl drive global growth.

 

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