Economist

Richard Iley

Macroeconomics

<p>Some people tend to view 'the glass' as half full; others as half empty. A further alternative is that the  glass is simply twice as large as it needs to be! Ultimately, analysis and opinion is often in the 'eye of the beholder'.</p><p>India's latest GDP report is a perfect case in point with pessimistic, optimistic and realistic interpretations all plausible and legitimate. This short note will try to encompass all three view points and, in the process, hopefully shed more light on the Indian…</p>

Some people tend to view 'the glass' as half full; others as half empty. A further alternative is that the  glass is simply twice as large as it needs to be! Ultimately, analysis and opinion is often in the 'eye of the beholder'.India's latest GDP report is a perfect case in point with pessimistic, optimistic and realistic interpretations all plausible and legitimate. This short note will try to encompass all three view points and, in the process, hopefully shed more light on the Indian…

India: The Eye of the Beholder