The Apparent Enigma of Growth*

Feb 25th 2019, Prabhat Patnaik

At first sight it appears to be an enigma. India has been recording according to official statistics one of the highest GDP growth rates among all the countries of the world, so much so that epithets like "emerging economic superpower" and "a global powerhouse of growth", have been freely used to describe India's achievement.

* This article was originally published in the People Democracy Vol. XLIII No. 08 February 24, 2019.


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