4 And, I am sure, it was no coincidence that the quantity theory of money was invented by scholars of the School of Salamanca who were inspired by the price revolution period in 16th century Spain. 5 Even the potential links between globalisation, the flattening of the Phillips-curve and the growing importance of global economic slack were issues already debated at that time.
India is one of the fastest growing large economies today, our population is young and adequately skilled, the policy environment is supportive of private enterprise, our capital markets are capable of funding good business ideas, the India stack-the envy of the world- all these factors have allowed many start-ups to bloom thereby creating a robust Indian start-up ecosystem.