India Looks Like Such a Success
So What Explains The Stubborn Poverty?
For a quarter century, India has had one of the best-performing economies in the world, averaging over 6 percent of growth per year. Its middle class has quadrupled. Its business leaders enjoy international admiration. At the same time, we read stories of unspeakable poverty and misery–of disease, hunger, and deprivation. We asked several scholars of India’s past and present to explain the divergence. With all of India’s growth, why is its poverty so obstinate?
Well, there’s a lot less poverty than there used to be–but rural areas have been lagging
Before …
