A new article from BWC Members, Rohit Goel and Udaibir Das, and co-author Swapnanil Sengupta details India’s rapid economic growth in recent years. The authors note that their ambition to achieve developed-market status by 2047 hinges on sustaining high growth rates while managing emerging financial vulnerabilities. To safeguard financial stability, the authors recommend strengthening regulatory oversight, enhancing FX risk disclosure, and implementing proactive hedging and stress-testing frameworks to mitigate currency and refinancing risks.

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All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.