7 reasons why India`s economy will not collapse as feared

Fri, Apr 27, 2012 at 12:16

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Moneycontrol Bureau

The state of India’s fiscal condition is giving policy makers and citizens sleepless nights. But Jonathan Anderson of Emerging Advisors Group feels the concerns may be exaggerated. The Indian economy is not on the verge of collapse as the media, economists and market experts make it out to be, he says in his report ‘The seven great myths of an Indian collapse’.

“Nobody’s seriously looking for Asian crisis-style turmoil in Delhi and Mumbai – but it’s there nonetheless, with a profound sense of “game over” malaise among investors to the point where you start to hear, well, all kinds of nonsense about the Indian economy. Which doesn’t really make us big FX or equity bulls at today’s prices, but at the margin we would be tactical buyers on improving news flow,” Anderson writes. Check out the slideshow on why Anderson is not as bearish on India like most global investors.

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