31min chapter

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

Ep 387: The Life and Times of the Indian Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

Interconnectedness of Economic and Political Freedoms

The chapter explores the relationship between economic and political freedoms, drawing comparisons between China and India's economic reforms post-1977. It discusses Deng Xiaoping's impact on China's economy through liberalizing policies, special economic zones, and bottom-up innovation, contrasting with India's slower pace of economic liberalization post-1980. The chapter also addresses the challenges of breaking away from socialist mindsets in both countries and the negative impact of socialism on economic progress.

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