Breaking the Mould: India’s Untraveled Path to Prosperity is a big new book by the economists Raghuram Rajan and Rohit Lamba. The book is both a critique of India’s development model as well as a manifesto for reform.
Most notably, it challenges the conventional wisdom that India’s primary goal should be to transform the country into a blue-collar manufacturing powerhouse. Rajan and Lamba argue that India cannot duplicate China’s development model, but it has the opportunity to leapfrog by focusing higher up the value chain.
To discuss the book’s ideas and its policy implications, Milan is joined on the show this week by Rohit Lamba. Rohit is an economist at New York University-Abu Dhabi and will soon be joining the Economics Department at Cornell University. He’s twice worked in the chief economic advisor’s office in the Indian Ministry of Finance.
The two discuss what the critics get right about the Indian economy, why India cannot blindly follow the Chinese model, and how India can pivot “from brawn to brain.” Plus, Rohit and Milan discuss the manufacturing versus services debate, India’s inward economic turn, and what India must do to upgrade its human capital.
Ashley Tellis joins Milan on Grand Tamasha for a conversation on his Foreign Affairs piece, “America’s Bad Bet on India” and to preview the Modi state visit this week. Read more
Ashley Tellis joins Milan on Grand Tamasha for a conversation on his Foreign Affairs piece, “America’s Bad Bet on India” and to preview the Modi state visit this week. Read more
Adam Auerbach and Tariq Thachil join Milan for a conversation on their book, "Migrants and Machine Politics: How India's Urban Poor Seek Representation and Responsiveness." Read more
Adam Auerbach and Tariq Thachil join Milan for a conversation on their book, "Migrants and Machine Politics: How India's Urban Poor Seek Representation and Responsiveness." Read more
Amit Ahuja and Devesh Kapur join Milan to discuss their new book, “Internal Security in India: Violence, Order, and the State” and the lessons it holds for law and order in India. Read more
Amit Ahuja and Devesh Kapur join Milan to discuss their new book, “Internal Security in India: Violence, Order, and the State” and the lessons it holds for law and order in India. Read more
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