Sriya Iyer on the Economics of Religion in India
Ideas of India
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The Relationship Between Religion and Economic Growth
Post liberalization, india has gotten richer, and in absolute levels, poverty has decreased. But at the same time, indians have become more religious. This is partly linked to the way in which religion is also tied up with the rule of the state,. Agino: In the specific case of india, i think that, you know, we are going to have increased economic growth. And this is going to come with increasing inequality, as our standard macra economics tells us. However, I don't see religion diminishing in india any soon.
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