Google+

The Socialization of Investment: Boosting Aggregate Demand during Recessions

The Socialization of Investment: Boosting Aggregate Demand during Recessions

The notion of achieving the USD 5 trillion target by 2025 currently seems farfetched. Our demographic dividend is weaning off, and all the potential that India once was touted to be capable of, are slowly fading away. It is imperative that fiscal deficits in the short run be overlooked with the overarching need for socialization of investments across the spectrum be at the fore to help tide over the recession and boost aggregate demand.