On Friday, June 2, we are hosting Oxford University economist Vijay Joshi at Carnegie. Vijay will be talking about his recent book, India’s Long Road: The Search for Prosperity. I am nearly done with the book and it is an excellent analysis of what ails India’s economy and the fixes that should be applied. Martin Wolf of the FT is also a big fan. In a recent review, he writes:
While the focus of India’s Long Road is on the economy, its analysis is appropriately comprehensive. It considers the post-independence growth record, the failure to create remunerative employment, the excessive role of publicly owned enterprises, the poor quality of Indian infrastructure and the inadequacy of environmental regulation. The book also analyses the successes and failures of macroeconomic management, the appalling quality of government-provided education and healthcare, the need for a better safety net for the poor, the long-term decay of the state, the prevalence of corruption and the role of India in the world economy. In covering all these issues, Joshi combines enthusiastic engagement with the detachment of a scholar who has passed much of his life abroad. No better guide to India’s contemporary economy exists.
You can register for Friday’s event here. Subir Gokarn, India’s executive director to the IMF, will also be on hand to discuss the book.