Indian growth: Pro-business or pro-market?
Ashoka Mody, Anusha Nath, Michael Walton, 20 November 2011Some see recent corporate scandals and the vast personal wealth of celebrity entrepreneurs as evidence that Indian companies enjoy excessive influence and power. Others see India’s corporate sector as the fundamental driver of recent and future prosperity. At least for the period from the early 1990s to the late 2000s, this column finds that the second view is closer to the truth. Full Article: Indian growth: Pro-business or pro-market?