Can India industrialize? - by Noah Smith - Noahpinion
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The most important economic development question in the world.
And so my series of posts on developing-country industrialization comes to an end. There will be one more post linking to all the others (update: here it is), but the last country I’m going to look at is India. And I saved it for last because it’s the most important one. Why is India the most important development story on Earth? Two reasons. First of all, sheer size; as of this year, India is the world’s most populous country, overtaking a now-shrinking China. And its population dwarfs that of every development success story I’ve written about in this series so far, combined. But India…
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