September 15, 2012
Is India's Economic Growth Sustainable?
Lydia Powell, The Globalist
India may have marked differences with the rest of the world on many political, economic and social issues. But Indians are in near complete agreement over the desirability of high levels of mass consumption, technological dynamism and rising levels of gross domestic product. Lydia Powell explains why India's fixation on growth and consumption is facilitated by flawed measures of economic progress.