April 22, 2012
ACTUALLY, THE LARGENESS IS THE PRIMARY PROBLEM:
The Next Generation of Reforms in India (Fault Lines, 4/14/12)For a large vibrant economy like India's, there is always hope. We still have tools to tackle our problems. But we must exercise those tools with vigor and a sense of urgency. I know that sense of urgency is shared within the government, but urgency has to translate to persuasion and action. We need a common minimum program across all sensible political parties to ensure that we stabilize the economy and foreign investor perceptions quickly.
The reality is that the size of India, at 1.2 billion people, is a hindrance rather than a help. It needs to devolve into its constituent parts, none of which should have as many as 100 million citizens if they are to be successful.
Posted by Orrin Judd at April 22, 2012 7:55 AM
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