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Why Growth Matters

How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries

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In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru’s pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s.

So which strategy best addresses India’s, and by extension the world’s, greatest moral challenge: lifting a great number of extremely poor people out of poverty?

Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.

©2013 Jagdish Bhagwati and Arvind Panagariya (P)2013 Audible Inc. Asia Business Development Business Development & Entrepreneurship India Politics & Government Poverty & Homelessness Social Classes & Economic Disparity Social Sciences Sociology South Asia United States World Business Capitalism Africa Economic disparity Socialism Taxation China Liberalism US Economy Economic Inequality
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Narration was flawless, except one instance where tilted was read as titled (;) damn the puritan in me). clarity of narration was good, and of course hours well spent on this eye opening book.

insightful and myth busting!

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What would have made Why Growth Matters better?

A good analysis of the economic problems facing India, but unfortunately almost impossible to listen to due to the poor narration! The performer mispronounces words and reads in a tone more suitable to a bad adventure novel than to academic argument. An unfortunate choice by the publisher, given the prominence of the author.

Amateurish narration

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