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Nikhil Menon on Planning Democracy

Ideas of India

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Is There a Difference Between Free Trade and Export Led Planning Regimes?

India was essentially a stagnant economy for most of the 20th century until Nehru comes to power and says we need to build this massive capacity. If India had done a better job of stemming population growth it might have been the real growth might have been even greater. I think now on this the writing is very clear on the wall that free trade does increase the size of the pie, writes Bhakrishnan.

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