India has been held back from achieving widespread economic prosperity because it attempts to legislate and regulate more than its resources and population can handle. The mismatch between ambition and ability stems from premature demands by Indias elites, who press for domestic imitations of what they deem to be the best policies and practices of developed countries.
Premature Imitation and Indias Flailing State
By Shruti Rajagopalan, Alexander T. Tabarrok
This
article
appeared in
the Fall 2019 issue of The Independent Review.
Other Independent Review articles by Alexander T. Tabarrok | ||
Fall 2013 | The Global Organ Shortage: Economic Causes, Human Consequences, Policy Responses | |
Spring 2007 | The Rise, Fall, and Rise Again of Privateers | |
Summer 2000 | Assessing the FDA via the Anomaly of Off-Label Drug Prescribing | |
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