David Keohane, in this Financial Times article, reviews Milan Vaishnav's latest book titled, "When Crime Pays, Money and Muscle in Indian Politics" and explains the vertical integration in India's crime-political nexus. Excerpts below:
"As Vaishnav describes it, there was a reliable p...
Raghuram Rajan makes a critical point that lies at the heart of IDFC Institute's work - that while policy making is easy, getting political acceptance for implementation is the harder part. Read the Economic Times article here. ...
In this Quartz article, Raghuram Rajan's explains why corrupt politicians still win elections and how this is a direct consequence of the myriad of problems and shortfalls that exist in the system. Key excepts can be read below:
"Our provision of public goods is unfortunately bias...
Luis Miranda in his Forbes blogpost talks about all that made economic reforms possible in India in 1991.
He writes ".....Most Indians today do not remember what life was like under a socialistic regime – half the country was not even born by then! Some of them are disillusione...
