India has experienced inflows and is near a transformation: it needs to develop capital markets (bond markets, non-bank financing for receivables/inventory) to accelerate growth to 8% per year, following the model China executed starting in 1993.
forecastpending
Speaker
David MalpasEvidence Quote
“India is just one step away from that and they could achieve that and then be growing 8%”
Source
Fix the global debt crisis before it's too late, warns World Bank's David Malpass— GZERO MediaCreated: 8/12/2026, 6:44:21 PM
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