CEA: Supply shocks now drive global economic surprises, industrial strategy must evolve
Chief Economic Adviser V. Anantha Nageswaran says the focus of industrial strategy has changed, with supply shocks emerging as the primary source of macroeconomic surprises in the global economy. Speaking at the inaugural session of the ISID-IDRA Fourth National Conference, he highlighted the changing global economic landscape and the need to rethink industrial strategy amid growing supply-side uncertainties.
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