Aug 8, 2006


Apropos the post by Roubini on RGE Monitor , How will the recession (if it happens) influence the world economy, and particularly the Indian one. ie Will i see some reduction in say US cos. spend on IT. How will that effect the Indian or India Based companies (i.e Will US cos become too costly moving traffic to India or that has already happened and Indian companies will have reduced estimated incomes) and how will that effect the increment of a friend or two currently working in IT sector.

Again there could be a definite downside for Indian exporters if US slow downs its exports but i suppose still the overall effect should be marginal.

But for me the Indian effect will be unprecedently albeit marginally effected from US slowdown provided ofcourse the rest of the world does not manages to decouple from the slowing US economy.