India's Economic Transformation
Lant Pritchett discusses India's shift towards a market-oriented economy in 1991 and the subsequent growth accelerations in 1993 and 2002, which added $2 trillion to India's GDP. The transformation also led to significant poverty reduction, making India a different country today. The debate focuses on the importance of investing in creating conditions for development-promoting policies versus direct aid interventions like cash or chickens.In this clip
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EconTalk
Lant Pritchett on Poverty, Growth, and Experiments
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