Business Today

India the riskiest economy

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

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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