US, Japan, and China have all used Shimomuran macroeconomics for creation of zero cost investment credit

Economics Dec 15, 2020

US, Japan, and China have all used Shimomuran macroeconomics for creation of zero cost investment credit. Does India have any plans for this scheme?

Expert Solution

No, India does not have any plans for using Shimomuran macroeconomics for creation of zero cost investment credit. This is because the implementation of such a policy is very difficult in India.

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