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Pranay Kotasthane and Raghu S. Jaitley on Individuals and the Indian State

Ideas of India

CHAPTER

The Importance of Causality in Economic Growth

Growth and what you need to do to get economic growth, there's a temporal difference between them. That is one whereas inflation, like you said, the effect will be felt then and there. I don't think that is going to change electoral things but let's see how that goes. If we could find a way by which the electoral success would depend on economic growth success, I think India will solve a bulk of its problem. You know, China managed to do that to some extent, right? And because those causal stories are powerful, just because the state itself is powerful, that's stories travel and they travel far. Then it's path of economic growth gets derailed by many distractions

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