It would be interesting to compare India's development with that of China over this period, which is roughly equivalent to China's period of modernization. Arguably, China's rise under communism began in a worse position that India's at the end of the British Raj. Is there is a lesson about socio-economic systems to be gleaned from such a comparison? And political economy.
Real-World Economics Review Blog
The Indian Economy: 70 years after Independence
C. P. Chandrasekhar | Professor at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi
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