Anand Swamy and Tirthankar Roy on Law and the Economy
Ideas of India
00:00
Creating a More Liberal Market Order
I think part of the answer will be in making markets, especially asset markets, work more freely without government intervention. The bigger question about how do you create a more liberal market order is very political. It has more to do with shedding some of india's very deep rooted xenophobic nationalism. I'm a digitization optimist, although i see from personal experience, like onens, that some of the wrong data get transferred into the digitized records and there is really no way of getting rid of that. But it's going to be a messy process, but it's certainly moving towards more transparent process in most states.
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