Section Article

An analysis of the United States India and China as vulnerable to inflationary pressures and the resulting impact on their economies and export competitiveness.
Author(s): Dr. Bandita Gupta

Abstract
An eminent issue in the contemporary environment is inflation which refers to the persistent increase in prices. The inflation rates in recent years have significantly surpassed those of previous periods due to a multitude of factors. There is a strong correlation between a high unemployment rate and inflation which complicates efforts to control inflation. The increasing inflation is a significant concern for many countries as it significantly hampers economic activity. Due to its robust position in the global market the Indian economy has seen significant growth. The Indian economy has consistently shown positive growth on a graph. The export growth of Indian commodities heavily depends on the strength of the global economys recovery and Indias capacity to establish reliability and competitiveness while also gaining the trust of a sceptical world. This study was driven by the comparative performance of India in global business competitiveness. The selection of the United States and China was based on two primary factors: their status as Indias key commercial and investment partners and their position as Indias primary competitors. In order to ensure Indias future competitiveness it is imperative for its economic policies to prioritise strengthening its relations with the United States while simultaneously preserving and bolstering connections with emerging economies such as China. This study examines the latest trends in inflation international commerce and output growth. This paper examines the impact of current inflation on Indias GDP and business competitiveness compared to the US and China. It also explores potential future policy measures that may be suitable. The primary sources of information used in this research are the competitiveness reports of the World Economic Forum (WEF) and the International Monetary Fund (IMF). These reports provide a wide range of metrics for assessing global and corporate competitiveness and they contain both raw and measured data for most of the worlds economies. Based on the studys results the authors aim to identify specific areas where policies and strategies may be adopted to enhance Indias global and economic competitiveness.