A statistical analysis measuring the impact of the U.S. on IndIa's economy
Pete Mavrokordatos, Stan Stascinsky
Abstract
Pete Mavrokordatos, Stan Stascinsky
Abstract
This paper briefly deals with political history of India and its independence from British government, and concentrate on the statistical data that report the economic and financial performance of India from 1980 to 2000. The statistical data presented are: GDP growth rate, unemployment and inflation rates, trade accounts, population size and growth rate, and other factors. While an attempt has been made to compare India with the United States, the authors, recognize the two countries are widely different in size, population and all the stages of the economic developments. Three recommendations have been provided to aid Indian government to deal with its economic difficulties.
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This paper briefly deals with political history of India and its independence from British government, and concentrate on the statistical data that report the economic and financial performance of India from 1980 to 2000. The statistical data presented are: GDP growth rate, unemployment and inflation rates, trade accounts, population size and growth rate, and other factors. While an attempt has been made to compare India with the United States, the authors, recognize the two countries are widely different in size, population and all the stages of the economic developments. Three recommendations have been provided to aid Indian government to deal with its economic difficulties.
Key concepts: Inflation (cosmology), Government (linguistics), Independence (probability theory), Inflation rate, Unemployment, Economics, Population, Statistical analysis