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This visionary and thought-provoking study is a must read for political leaders, policymakers, business executives, and leaders of civic society interested in India`s long-term development. It presents a much needed longer term vision of Indian society and economy within which today`s policy debates and actions must be anchored. The volume presents a persuasive case that if India succeeds in sustaining its recent economic success over the longer term (as many East Asian economies have done in the past), India can realistically aspire to become an affluent society within one generation. The study is being released just as the new Indian government is taking office in a political environment that presents a truly unique opportunity to put India into a longer term sustained growth trajectory with financial stability.
Bimal Jalan, Member of Parliament
Former Governor, Reserve Bank of India
For over two decades now, India`s economic development has gathered impressive momentum. Looking beyond the short-term impact of the current worldwide crisis, this study shows how a continued high savings rate combined with far reaching institutional changes can lead almost one and a half billion people to real prosperity; this can happen in a secular democracy. The world`s attention will increasingly turn to India, and this study-completed at a time of worldwide economic concern-provides a vision that is not just about India but that can inspire developing countries as a whole.
Kemal Dervis, Vice President, Brookings Institution
Former Minister of the Treasury, Turkey
Former Executive Head, United Nations Development Programme
ISBN - 9788132103097
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Pages : 300
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