Why India Is Not Quite a Part of the Asian Miracle

Meghnad Desai

Journal of Interdisciplinary Economics, 2020, vol. 32, issue 1, 8-11

Abstract: This paper seeks to explain the low growth trajectory of India vis-a-vis East Asia in a historical and cultural perspective. It is argued that the Indian subcontinent was culturally separated from Buddhism and therefore from an egalitarian social possibility after the first millennium CE. A brief history of Indian economic development since independence is provided in light of the introductory historical account. JEL: N15, O10, O53

Keywords: Asian development; business policy; economic thought; India; miracle; religious influence (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jinter:v:32:y:2020:i:1:p:8-11

DOI: 10.1177/0260107920904875

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