What Happened to India’s Miracle? Money

Review of An Uncertain Glory: India and Its Contradictions, by Jean Drèze and Amartya Sen. “Fabulously comprehensible” analysis of India’s backsliding. “Their thesis is simple: India’s failure to equal the success of China’s hyper-development is due in large part to the failure of the state to provide essential public services. In a few years, India has gone from what seemed to be imminent world economic domination to merely a 50-50 bet” (2,300 words)

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