Wednesday, December 17, 2014

Lesson from USA - be inward focused

There is a good idea in USA policy. Be concentrating on the internal dynamics. Be outward focused only to the extent necessary. The susceptiblity to external fluctuations is reduced. Japan and China are affected by the outward looking dependence. Indian growth is also relatively less open. The existence of huge population helps. Over 60 percent of Indian  population is youth. So US and India look the best bets for now.

Fed will take decisions on basis of what is best for them. 

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