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[Hardcover] Breaking the Mould By Raghuram Rajan

[Hardcover] Breaking the Mould By Raghuram Rajan

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Where is India going today? Is it surging forward, having just overtaken the United Kingdom to become the fifth-largest economy in the world? Or is it flailing, unable to provide jobs for the millions joining the labour force? What should India do to secure a better future?

India is at a crossroads today. Its growth rate, while respectable relative to other large countries, is too low for the jobs our youth need. Intense competition in low-skilled manufacturing, increasing protectionism globally and growing automation make the situation still more difficult. Divisive majoritarianism does not help. India
broke away from the standard development path―from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services―a long time back by leapfrogging the intermediate steps. Rather than attempting to revert to development paths that may not be feasible any more, we must embark on a truly Indian path.

In this book, the authors explain how we can accelerate economic development by investing in our people’s human capital, expanding opportunities in high-skilled services and manufacturing centred on innovative new products, and making India a ferment of ideas and creativity. India’s democratic traditions will support this path, helped further by governance reforms, including strengthening our democratic institutions and greater decentralization.
Publisher ‏ : ‎ Penguin
Language ‏ : ‎ English
Hardcover‏ : ‎ 336 pages (may vary)
ISBN-10 ‏ : ‎ 0670099899
ISBN-13 ‏ : ‎ 978-0670099894
Raghuram G. Rajan holds the prestigious position of Katherine Dusak Miller Distinguished Service Professor of Finance at the Booth School of Business, University of Chicago. Notably, he served as the Governor of the Reserve Bank of India from 2013 to 2016. In addition to his academic and professional roles, he is also a successful author with bestselling books to his name.

His notable literary works include "I Do What I Do" and "Fault Lines," both of which have garnered acclaim for their insightful perspectives on economics and policy. Moreover, he is the co-author of "Saving Capitalism from the Capitalists," a book that delves into the dynamics of the financial world and offers solutions for improving the capitalist system.

Raghuram G. Rajan's contributions span the realms of academia, central banking, and literature, making him a prominent figure in the fields of finance and economics.

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Saurabh Shinde

Book is really good but no through all book

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