The term “Goldilocks economy” originates from the children’s fairy tale “Goldilocks and the Three Bears,” where the character Goldilocks prefers things that are not at extremes but ‘just right.’ In economic terms, a Goldilocks economy refers to a state of play where the growth rate is neither too high, causing inflation, nor too low, leading to stagnation.
It is characterized by a stable job market, moderate economic expansion, controlled inflation, and a balance between saving and spending—essentially, an economy that is in equilibrium.
India’s economic scenario has often been described ...
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