When history repeats itself, the first time is a tragedy; the next is a farce.…
Economic Forecasts and Reality: Should we believe the World Bank? C.P. ChandrasekhaR & Jayati Ghosh
The World Bank’s latest projections for GDP growth are pessimistic, especially for developing countries. But given its poor track record, how far they are reliable is doubtful.
economic_forecasts_reality (Download the full text in PDF format)
(This article was originally published in the Business Line print edition dated June 23, 2015 )