Democracy, Inclusion, and Prosperity

Raghuram Rajan

Working Papers from eSocialSciences

Abstract: People want to live in a safe prosperous country where they enjoy freedom of thought and action, and where they can exercise their democratic rights to choose their government. But how do countries ensure political freedom and economic prosperity? Why do the two seem to go together? And what more, if anything, does India have to do to ensure it has these necessary underpinnings for prosperity and continued political freedom?[ Lecture at DD Kosmbi Festival of Ideas, Goa, February 20, 2015]

Keywords: democracy; inclusion; prosperity; political economy; RBI; interest rates; India; democratic state; opportunity (search for similar items in EconPapers)
Date: 2015-02
Note: Institutional Papers
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