India – What hinders its development?

Some thoughts on the interesting book “In Spite of the Gods – The Strange Rise of Modern India” by Edward Luce, the former Financial Times’ Washington Bureau Chief. He was the FTs’ South Asia Bureau Chief based in New Delhi. While his conclusion is that India will become an economic super power, its many negatives will delay its development. Some of the negatives: • Its massively ineffective and corrupt “quasi-socialist” political system. •... Read More