To Become More Competitive, Focus on Exporting

iStock/Arkadij Schell

India's economic growth has come largely from domestic demand and its exports were about one third of its potential, says a World Bank official.  The next government needs to focus on export-led growth.

Praising attempts to liberalize markets within India, Hans Timmer, World Bank Chief Economist for the South Asia Region said "that is what is needed to become more competitive."

Read more about India's focus on exporting to reduce dependence on domestic activity.

from The Global Small Business Blog http://bit.ly/2OYFM93