IMF says that India is no longer the fastest growing economy

//IMF says that India is no longer the fastest growing economy

IMF says that India is no longer the fastest growing economy

IB Economics tutor

CNN Money: India no longer the world’s fastest-growing economy: IMF

Article published: Jan 16, 2017

IB Economics syllabus: Macroeconomics (economic growth)

The IMF’s World Economic Outlook forecasts that economic growth in India will decline this year, thanks to a “temporary negative consumption shock” caused by the government’s decision to ban the countries largest rupee notes, a policy aimed at combating corruption and tax evasion.

Source of image: Unsplash.com

Will you pass the exams?

Fill out the below quiz, and check out how much you know of IB Economics.

I’m taking the micro quiz
By | 2017-08-23T10:29:08+00:00 February 6th, 2017|Macro|Comments Off on IMF says that India is no longer the fastest growing economy

About the Author:

My name is Daniel Szekely and I work as an IB Economics tutor and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I became a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher.

Currently, I teach IB Economics at SEK Budapest International School. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.

Please leave a message

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close