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>"It most recent GDP growth figure has fallen to 5.7%, and part of that, too, can be attributed to the policy move from last November." It would be interesting
by rahulpandita 9y ago
>"It most recent GDP growth figure has fallen to 5.7%, and part of that, too, can be attributed to the policy move from last November."
It would be interesting to quantify what "part". AFAIK GDP growth has many contributing factors both short term and long term. It would really help readers to better comprehend the affect and also help policy makers to be cautious going forward.
>Lesson One: Choose Your Experts Carefully :
Agreed, we must choose our experts carefully. However, author is silent on "how". Instead what author presents is his take on who are experts. I am not questioning the authors credentials but as HBR article, I expected authors to present a methodology instead of what seems a subjective view to me.
>Lesson Two: Don’t Ignore Basic Data :
Authors criticism that basic data was ignored seems more of a speculation.
No concrete sources that such data was not consulted at all.
>Lesson Four: Beware of Digital Silver Bullets :
Here I feel author selectively uses the citation to benefit his narrative. The very citation states the following verbatim.
http://www.moneycontrol.com/news/business/economy/digital-payments-growth-dips-27-in-aug-from-peak-bhim-upi-to-take-charge-2380617.html http://www.moneycontrol.com/news/business/economy/digital-pa...
>"Still, it is appreciable that the numbers have not come down by a large amount. There are many who have permanently moved on to digital, which is a bigger benefit."