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Shekhar Gupta, editor of The Indian Express, recently warned that India was at risk of falling into a difficult slowdown, with growth at 6 percent — a stellar figure elsewhere, but too low to keep pace with employment and demographic pressures in India.
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The sheer momentum created by this would have made even a gentle slowdown difficult.
That task, daunting under the best of circumstances, will become only more difficult if the economic slowdown intensifies.
History suggests that it is difficult to keep a slowdown from gathering momentum, especially if confidence among investors and consumers begins to crumble.
Christine Lagarde, the economy minister, said in statement that the economic climate remained "difficult" and that the slowdown was in part a result of the phasing out of an incentive program to encourage automobile purchases.
Both numbers were considerably better than a year ago, but analysts say further improvements could be difficult because of a slowdown in the United States market, even though the United Automobile Workers union has agreed to a tentative contract that Mr. Mulally said would "significantly improve our competitiveness".
Growth stocks shine when they exceed Wall Street expectations, but this is difficult in an economic slowdown.
In the public sector, the impact of a cost slowdown is more difficult to assess.
Robert Moran, joint administrator at PwC, said: "Like many other retailers, La Senza has been hit hard by the difficult economic environment and a slowdown in consumer spending".
And Merrill Lynch analyst Adnaan Ahmad told Reuters that Nokia's new 10% target would in fact be difficult to hit, given the slowdown in subscriber growth.
Upgrading the wardrobe for fall, especially during economic slowdowns, is a difficult balancing act.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com