Impact of global financial crisis on the Indian economy

Razack, S. and Navitha, T. (2014) Impact of global financial crisis on the Indian economy. International Journal of Business Quantitative Economics and Applied Management Research, 1 (7). pp. 105-119. ISSN 2349-5677

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The Global Financial Crisis (GFC) started to appear in mid-2007. The crisis actually began in the US high risk, subprime home loan market and has spread into a global credit squeeze, bringing down the world growth. The world economy was just trying to recover from this that it had to encounter one more serious global economic slowdown which erupted in Europe. The Indian economy is not immune to this; all these factors had their impact on the Indian economy and the various sectors of the economy. The present paper is an attempt to analyse the impact of global economic slowdown on the Indian economy in terms of growth rates of real Gross Domestic Product (GDP). The sector wise impact of the crisis on the economy has also been analysed. Techniques like Tables and Trend graphs have been used to present the impact. Time Series data for almost ten years from the year 2000-01 has been used to analyze the impact.

Item Type: Article
Uncontrolled Keywords: Global Financial Crisis and Sub Prime Crisis and Gross Domestic Product and Trend Graphs
Subjects: A Arts and Humanities > Economics
Divisions: Department of > Economics and Cooperation
Depositing User: Users 19 not found.
Date Deposited: 30 Sep 2019 06:01
Last Modified: 30 Sep 2019 06:01

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