"I" in BRIC might stand for Indonesia, not India

[ironman]

Indonesia Vs India


Inflation

Indonesia = 3.79%
India = 9%

GDP Growth

Indonesia = 6.5%
India = 6.9%



India's GDP Growth Slows to 6.9% - WSJ.com
India exceeds 9% inflation

Genius.. then what would be the real GDP growth which is not adjusted to inflation..

 

[heartrocker22]

Inflation is a sign of internal demand and Deflation is sign of lack of demand

Growth without inflation means growth is due to mainly export.......And when a billion ppl economy demand exceeds supply it leads to inflation....

 

[Baby Leone]

Its amazing when western media says in reports that Pakistan is a failed state indians are more than happy to beleive it more than their own religious books/ Gods but when the smae westerm media says something against india they suddenly becomes bias, giving pressure, baseless for them...

they are really big hypocrate..

 

[FairAndUnbiased]

Inflation is a sign of internal demand and Deflation is sign of lack of demand

Growth without inflation means growth is due to mainly export.......And when a billion ppl economy demand exceeds supply it leads to inflation....

inflation is at its core a product of currency devaluation.

if we go by your logic, Zimbabwe must be the greatest nation on earth due to its 10^16 percent of inflation per year. That's ALOT of demand... for paper to pay for things, since that paper is worthless.

How much longer do you think until we see 1 million rupee bills? 1 billion? 1 trillion?

 

[SinoChallenger]

It is a fairly valid point. India has been doing quite badly - the government seems to be run by a bunch of buf*foons.

Ahem! But you have the same PM as you had when you were shining and incredible...... or was the Great MMS, the economist / savior and creator of wealthy modern india not all he made himself to be?

Remember how everybody forgot about Shanghai because Mumbai is here?

---------- Post added at 06:32 PM ---------- Previous post was at 06:30 PM ----------

I for Indonesia fits perfectly

Yes, in the end, india has yet to surpass Pakistan.

 

[MUHARIB]

Ahem! But you have the same PM as you had when you were shining and incredible...... or was the Great MMS, the economist / savior and creator of wealthy modern india not all he made himself to be?

Remember how everybody forgot about Shanghai because Mumbai is here?

---------- Post added at 06:32 PM ---------- Previous post was at 06:30 PM ----------


Yes, in the end, india has yet to surpass Pakistan.

Cool story bro!!

 

[SinoChallenger]

India has no intention of joining the allies of China

North Korea has much higher GDP / capita than india. You're fortunate to be compared to them!

 

[Aramsogo]

Indonesia Vs India


Inflation

Indonesia = 3.79%
India = 9%

GDP Growth

Indonesia = 6.5%
India = 6.9%



India's GDP Growth Slows to 6.9% - WSJ.com
India exceeds 9% inflation

Then there is Indonesia's huge current account surplus, large holdings of US Treasuries, much lower government debt levels, huge Russia/Brazil like natural resources,'higher education & literacy, a true middle class and general lack of BS. Indonesia is the better "I".

 

[WAR-rior]

inflation is at its core a product of currency devaluation.

if we go by your logic, Zimbabwe must be the greatest nation on earth due to its 10^16 percent of inflation per year. That's ALOT of demand... for paper to pay for things, since that paper is worthless.

How much longer do you think until we see 1 million rupee bills? 1 billion? 1 trillion?

dude, why u bring extremes in analyzing a particular theory. ever understood the term outliers ?

in laymen's term, everything should be balanced. too much inflation is bad (current indian case) and too less too is bad (japan) .

for strong growth, it should be inclusive in nature. any particular dominant factor responsible for any growth is always dubious.

in simple words, both india and china has flawed growth style. chinese growth is just coz of investments from money earned thru exports. it dud be useless if its not complemented by comparative internal consumption. as u can see the possible real estate bubble thing.

also, indian growth is just coz of internal consumption without proper infrastructure and high topline/bottomline ratio.

hence, i conclude that tough china is ahead compared to india, both have their own style of growing and in a way complement each other. chinese growth is fast but not long lasting. indian growth is long lasting but again very slow as per its capacity.

 

[SinoChallenger]

No it is isn't chini fella.

140 India 1,300 2010 est.
145 Korea, North 1,200 2009 est.

We don't have latest stats for 2010 for North Korea. You two are about tied. Congratulations, india!

 

[Roybot]

140 India 1,300 2010 est.
145 Korea, North 1,200 2009 est.

We don't have latest stats for 2010 for North Korea. You two are about tied. Congratulations, india!

It was $1370 for India in 2010, $1527 for 2011.

http://www.imf.org/external/pubs/ft/weo/2011/02/weodata/weorept.aspx?sy=2009&ey=2016&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=99&pr1.y=6&c=534&s=NGDPDPC&grp=0&a=

Not sure if you can access this from China



Congratulations to Thailand for beating China

 

[IndiaIsrael]

Jan 2012

(BRICs) The acronym was coined by Goldman Sachs in a 2001 paper entitled "Building Better Global Economic BRICs".

Goldman Sachs says that the country that has been the biggest letdown has been India.

Goldman Sachs: from brick to basket case, what is going on in India? Well, some numbers tell us trembling story. India's blessing and curse is that it has a messy, chaotic, decentralized democracy. Unlike China, it has no unified sense of direction.

If it doesn't get its act together, "I" in BRIC might stand for Indonesia, not India.

Is India the broken BRIC?

please consult with psychologist.. You need it.. Seriousuly

 

[Aramsogo]

China just passed the USA in the Rolls-Royce index. The US has held that #1 spot forever.
Don't tell me there is no Chinese consumption.

dude, why u bring extremes in analyzing a particular theory. ever understood the term outliers ?

in laymen's term, everything should be balanced. too much inflation is bad (current indian case) and too less too is bad (japan) .

for strong growth, it should be inclusive in nature. any particular dominant factor responsible for any growth is always dubious.

in simple words, both india and china has flawed growth style. chinese growth is just coz of investments from money earned thru exports. it dud be useless if its not complemented by comparative internal consumption. as u can see the possible real estate bubble thing.

also, indian growth is just coz of internal consumption without proper infrastructure and high topline/bottomline ratio.

hence, i conclude that tough china is ahead compared to india, both have their own style of growing and in a way complement each other. chinese growth is fast but not long lasting. indian growth is long lasting but again very slow as per its capacity.

 

[lamlap]

chinese growth is just coz of investments from money earned thru exports. it dud be useless if its not complemented by comparative internal consumption. as u can see the possible real estate bubble thing.

also, indian growth is just coz of internal consumption without proper infrastructure and high topline/bottomline ratio.

Dude, you are totaly Wrong

China's domestic demand accounted for 92.1 percent of the country’s GDP growth in 2010 while net exports contributed only 7.9 percent.

Shift to Growth From Domestic Consumption Already Showing Results

 

[Roybot]

I hope its not these ones

A £30,000 copycat Rolls-Royce? It must be made in China | Mail Online