Domestic consumption- key to sustainable growth

See below a table from an article on 'The Hindu Business Line'-



I find this table to be interesting. As expected, U.S. is at the top of the list and the South-East Asian countries are at the bottom.

I would have loved to see the effect of leverage on consumption. Consumption based on income is good, however consumption based on heavy leverage is always undesirable and risky. This is the reason why U.S. is contracting and India is still expanding.

The marginal propensity to consume has been low in India and even lower in China. However, this will definitely increase in the future.
... and yes, domestic consumption holds the key to any country's turn around; this will lead to self-sustaining growth