India – From Emerging to Surging
India’s gross domestic product is growing by an impressive 6 percent a year. But research by the McKinsey Global Institute has uncovered three barriers preventing the country’s GDP from growing even faster: myriad regulations governing products and markets, distortions in the market for land, and widespread government ownership of business. Thirteen policy measures could remove these barriers, allowing the economy to grow by 10 percent … [ Read more ]
Content: Article | Authors: Amadeo M. Di Lodovico, Shirish Sankhe, Vincent Palmade, William W. Lewis | Source: McKinsey Quarterly | Subjects: Economics, International – Asia