Word: indias
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...before it can have a big election about big ideas, India must address problems so old as to be practically inconspicuous. Without universal education, India will not be able to find - even among its 1 billion people - enough skilled workers to sustain a thriving economy. Without improved roads, sewers and electricity, the companies who are betting on India's growth will eventually look for better returns elsewhere. In the absence of better opportunities, Indians will continue to seek the security of government jobs for their children, making it that much more difficult to reform India's bloated bureaucracy. Without public...
...simply deprived; he was angry because he knew exactly what he was missing. Cell phones and cable television have brought not just political advertising to poor and rural areas but also new aspirations and a more acute awareness of how lives measure up to those in the rest of India...
...election is any indication, Indian voters are using that knowledge wisely. They weren't swayed by the charismatic leaders and identity politics of rising regional parties, and they saw through the BJP's attempts to repackage its message and its leader. But Congress shouldn't get too comfortable. India's voters make up a vast and fragmented constituency, but they are united in their power to choose who governs them...
...Looking to the West Are such huge projects really necessary? China, with its gleaming coastal cities and modern transport hubs, is already the envy of developing countries like India. And from Alaska to Japan, there are plenty of examples around the world of infrastructure projects that owed more to local politicking than to real economic need. Most of China's stimulus spending, critics note, will be supervised by local governments. This will undoubtedly mean that some money will end up lining the pockets of corrupt bureaucrats...
...environment of the late 50s to marry his economics with a radical brand of politics.A self-avowed “pink-diaper,” Marglin said his left-wing politics stemmed from his parents—moderate leftists in their own right.But not until a research trip to India in the mid 60s, did Marglin politicize his economics. Marglin said that his so-called radicalization was a gradual progression that lacked definite turning points.But in India, Marglin came as close as he ever would to such a moment.Teaching math-savvy Indian grad students basic macroeconomics, Marglin found his students...