Ep. 130: Demystifying GDP
The Seen and the Unseen - hosted by Amit Varma
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The Politics of GDP in India
The CSU increasingly started withdrawing from the debate. Other institutions which are more political started talking about GDP and it just got a really noisy debate so to speak. I think what we forgot in the process is that state capacity in India is weak. And there are many, many sectors of India where things don't work. You take crime, you take anything basically. Now in a country where the state capacity is inherently weak, why would we expect a very complicated number like GDP to be perfect? But if you blow it out of proportion then it really becomes problematic unless you really understand what you're talking about.
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