Spence: India's digital economy is world's best, but growth faces global shock risk

Spence: India's digital economy is world's best, but growth faces global shock risk

Nobel laureate Michael Spence praised India's digital financial infrastructure as the world's best, citing Aadhaar and UPI, and said India has the highest potential growth rate among major economies. However, he warned of a pretty big global shock ahead. Spence spoke in India at the launch of the Iron Pillar Initiative at Ashoka University.

Source: Economic Times

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