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All Things Policy

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The Global Economy Is Undergoing a Restructuring

I think the global economy is undergoing a structural change. As India, as an Indian economy, we should restructure the global economy in a way that is advantageous to us. A democratic republic has an obligation to decide what kind of an economic structure it wants to have for itself and for the world. We are determining what kind of market we want to have in information economics or in technologyor in various ways. And that's a very novel situation which the state as a sovereign might want to choose. It is really an issue of structuring the market for the next lap. In a business as usual case, yes, you shouldn't be doing industrial policy. I'm probably as hard core as

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