The India Model

Gurcharan Das in Foreign Affairs:

Summary:  After being shackled by the government for decades, India’s economy has become one of the world’s strongest. The country’s unique development model — relying on domestic consumption and high-tech services — has brought a quarter century of record growth despite an incompetent and heavy-handed state. But for that growth to continue, the state must start modernizing along with Indian society.

GURCHARAN DAS is former CEO of Procter & Gamble India and the author of India Unbound: The Social and Economic Revolution From Independence to the Global Information Age.

More here.