India’s Long Road by Vijay Joshi is the start of my long road to understanding the Indian economy.
To follow are books on Indian history, the jobs crisis, and public institutions, as well as podcasts from Prof. Muralidharan’s course The Indian Economy. In his course, Prof. Muralidharan recommends noting three things from each class or reading:
- Something you learned
- Something you have a question about
- Something you are curious about
Presumably, I then follow up on the question and follow the thread of my curiosity.
So, India’s Long Road, Chapter 1 – India at the Cusp:
- Joshi is defining high quality growth as a) inclusive and b) environmentally friendly. Hooray on both accounts! Also:
- Adumbrate – to report or represent in an outline
- venality – openness to bribery or overly motivated by money
- What IS the mean world per capita growth rate? Answer: Around 1-3%
- Curious to see the practical sides of Joshi’s argument – what are the “radical reform model” components he recommends?