Stable institutions, steady pursuit of reforms will steer India to 2047 goal: Jean-Claude Trichet

Economic Times - Oct 6, 2026

India's journey to becoming a developed nation by 2047 hinges on institutional stability and sustained economic reforms. Former European Central Bank president Jean-Claude Trichet emphasizes the importance of resilient democratic institutions. He cautions against the risks posed by global over-indebtedness and market corrections. Trichet believes AI will bring challenges and benefits in the long run but highlights the need for global regulations.

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