The beauty of India's fiscal deficit is that somehow the consequences of the lack of fiscal prudence are not showing up. But, that said, we would be making a mistake not to deal with the fiscal issue on a priority basis. Raghuram Rajan, chief economist, International Monetary
Fund, in Fortune India
India's financial system is stronger and more sophisticated than that of China, its central bank further down the road towards an inflation target, instead of an exchange rate target - both factors make it less vulnerable to a crisis. Kenneth Rogoff, former chief economist, International
Monetary Fund, in Businessworld
Toward the fall, as the market looks into 2005, stocks will slip. We'll end this year back where we started. Richard E Cripps, chief marketing strategist,
Legg Mason Wood Walker,
in Businessweek
China pulls in 30 times the FDI than India does. The Chinese understand that you have to sell yourself to the foreign corporations as a good place to do business. The truth is that India has not come to that conclusion. Lester Thurow, economics professor, MIT,
in Businessworld
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