India’s Sagging Economy – Strategic Consequences

Photo from flickr, http://www.flickr.com/photos/8458252@N05/3425108634/in/photolist

September 20, 2013: Two decades of rapid economic growth and surging international trade gave India the economic and strategic heft to go with its world-wide vision and voice. The current slump threatens to bring back the lowest economic numbers in twenty years. This sagging performance will burden both India’s domestic politics and its global strategic goals. Manmohan Singh’s visit to Washington will provide some short term relief, but all India’s contenders for political power need to be thinking about how to get India’s economy humming again.

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