The Bear Case on India - by Pradyumna Prasad
The Bear Case on India (Part 1) Some famous international investors have bought into the India Growth Story (IGS). I feel that the IGS is overhyped, and projections of India becoming an economic superpower are unlikely to happen unless major policy and cultural changes are in place.
The Bear Case on India (Part 1) Some famous international investors have bought into the India Growth Story (IGS). I feel that the IGS is overhyped, and projections of India becoming an economic superpower are unlikely to happen unless major policy and cultural changes are in place. When Prime Minister Modi was elected in 2014, there were projections that he would be India’s Thatcher or Deng Xiaoping. These projections have been untrue. Economic growth in the country has slowed down with Q1 real GDP growth being at 5%, compared to 7.1% in 2018, and 8.2% in 2017. Unemployment according to…
related reading
- Interview: Arvind Subramanian, former Chief Economic Advisor to the Government of Indianoahpinion.blog
- Dispatches from Indiaarjunramani.com
- Why China got rich and India didn'tdavidoks.blog
- Can India industrialize?noahpinion.substack.com
- Vision 20/25: Charting Indiatigerfeathers.substack.com
- What can India do to industrialize?noahpinion.blog
- Here...comes...INDIA!!!noahpinion.blog
- Why everyone should pay more attention to India...srajagopalan.substack.com
- Definite optimism as human capital | Dan Wangdanwang.co
- Can India industrialize?noahpinion.blog
- A Travelogue from India and Chinacharlesyang.substack.com
- Overcoming India's technological cowardiceinfinitesunrise.com