Posted by: Captain Haddock May 9, 2007
India : Economic Explosion?
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Samsara - Very interesting perspective. But I wonder how much and for how long the GDP numbers can be cooked. The purpose of the numbers for me, as for many others, is not so much to come up with a comparison to other countries, but to look for trends within those numbers reported from the same source. I personally would not allocate too much weightage into something like this. Besides, the export and import numbers can be verified from the other party so it is unlikely that they can pad it up or down for long. You can often use those numbers to corroborate the rest of the GDP numbers that have been reported and can tell if they are wildly off.
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