The Real Numbers
Published By: BS on eSS | Published Date: July, 28 , 2007The macro-economic numbers put out by the official statistical systems do not capture the full underlying reality because of a variety of accounting fudges and delayed decisions. Taken in its totality, therefore, the economy is not in the fine balance that the reported numbers suggest. Awareness of this should help both those in the government and the observers outside it to get rid of the complacency that has settled in with regard to the assumed quality of macro-economic management.
Author(s): T.N. Ninan | Posted on: Jul 30, 2007 | Views(3054) | Download (399)