Download Why Growth Matters: How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries AudioBook Free
In its record since Self-reliance, India has seen extensively different economic experiments: from Jawharlal Nehru's pragmatism to the rigid talk about socialism of Indira Gandhi to the fast liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral obstacle: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya dispute forcefully that only one strategy can help the poor to any significant effect: economic expansion, led by marketplaces overseen and urged by liberal talk about plans. Their radical meaning has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. You will find essential lessons here not limited to Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that your time and effort to eradicate poverty is more than simply good intentions. If you want it to work, you will need expansion. With all that means.
