The Seen and the Unseen - hosted by Amit Varma cover image

Ep 237: The Importance of the 1991 Reforms

The Seen and the Unseen - hosted by Amit Varma

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The Challenge to the Status Coo

Aje: The challenge to the status coo came from people looking back at these 15 years and saying, you know, it's broken. And so we had to go to the im f and the world bank with a begging bowl and take or loans and aid in order to tide over these situations. One last element i would add to that was the fall of the us. Esar. It also changed the geo political confagration of the world. So i think of this as the theory of change that brought us through the market orientation from 19 77 to 19 91,. As opposed to the stagnation and the mistakes of 19 62 19 77.

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