Insight into India’s economic prosperity and dramatic growth
Arvind Subramanian, a former chief economic adviser to the Indian government, and Devesh Kapur, a professor at John Hopkins University, provides a definitive guide to India’s 75-year development odyssey and dramatic growth. Democracy took root upon its independence in 1947, before significant development, social change and nation-building efforts. India’s development path skewed towards high-skilled service jobs, while a majority remain in fragile informal work. The authors compare relatively successful states such as Kerala with those that have struggled, including West Bengal and Punjab. They reveal diagnosis of a country that has achieved impressive growth while struggling to translate it into broad-based … Continue reading Insight into India’s economic prosperity and dramatic growth
