Heterodox
The Modi government made its supposed determination to end corruption in India its signature theme. The massive damage done by demonetisation as well as the continuing chaos produced by the flawed introduction of the Goods and Services Tax have all been justified on the grounds of reducing possibilities of corruption and tax avoidance. Similarly, the imposition of Aadhaar requirements on the population for access to all manner of publicly provided goods and services is regularly justified...
Read More »Pranjal Sharma — What the Fourth Industrial Revolution means for India
Opportunities and challenges for one of the world's two most populous countries, China being the other, of course. China is more in the spotlight of development, but India is also playing catch-up. India has the disadvantage of being modeled on a Western liberal democracy when this is not traditional in India. While China has a homogeneous and now well-developed form of governance, India is still groping with the residual of the British Raj and is not yet as organized and focused as...
Read More »C. P. Chandrasekhar — The Indian Economy: 70 years after Independence
It would be interesting to compare India's development with that of China over this period, which is roughly equivalent to China's period of modernization. Arguably, China's rise under communism began in a worse position that India's at the end of the British Raj. Is there is a lesson about socio-economic systems to be gleaned from such a comparison? And political economy.Real-World Economics Review BlogThe Indian Economy: 70 years after Independence C. P. Chandrasekhar | Professor at the...
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