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Synopsis
The new path for economic development that India must create
The whole world has a stake in India’s future, and that future hinges on whether India can develop its economy and deliver for its population―now the world’s largest―while staying democratic. India’s economy has overtaken the United Kingdom’s to become the fifth-largest in the world, but it is still only one-fifth the size of China’s, and India’s economic growth is too slow to provide jobs for millions of its ambitious youth. Blocking India’s current path are intense global competition in low-skilled manufacturing, increasing protectionism and automation, and the country’s majoritarian streak in politics. In Breaking the Mold, Raghuram Rajan and Rohit Lamba show why and how India needs to blaze a new path if it’s to succeed.
India diverged long ago from the standard development model, the one followed by China―from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services―by leapfrogging intermediate steps. India must not turn back now. Rajan and Lamba explain how India can accelerate growth by prioritizing human capital, expanding opportunities in high-skilled services, encouraging entrepreneurship, and strengthening rather than weakening its democratic traditions. It can chart a path based on ideas and creativity even at its early stage of development.
Filled with vivid examples and written with incisive candor, Breaking the Mold shows how India can break free of the stumbling blocks of the past and embrace the enormous possibilities of the future.
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About the Author
Raghuram G. Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business, former governor of the Reserve Bank of India, and former chief economist of the International Monetary Fund. His books include Fault Lines: How Hidden Fractures Still Threaten the World Economy (Princeton), winner of the Financial Times Business Book of the Year Award. Rohit Lamba is assistant professor of economics at Cornell University and visiting assistant professor of economics at New York University Abu Dhabi. He previously worked as an economist at the office of the chief economic adviser to the Government of India.
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Hardback. Condition: Good. Scotland's long coastline runs from the waters of Galloway and the Solway, through the Irish Sea to the long sea lochs and myriad islands of the Celtic west, around grim Cape Wrath, the coast of Caithness, Pentland Firth and the Orkneys, eastward down to the Moray Firth, the eastern seaboard, to the Forth and the sentinel of the Bass Rock. It is an ancient strand redolent with history. Sea battles have been fought in its lee from the time of Agricola to the Atlantic convoys. In Blood on the Wave, John Sadler embarks on a pilgrimage around Scotland's rugged and stunning coastline, to explore the fascinating history that has occurred in its waters. Beautifully illustrated throughout with photographs and line drawings, the narrative also describes developments in ship building technique and design, developments in naval gunnery with a look at coastal defences. From the long oared Norse galleys that swept down through the isles and the sea lochs to Somerled's birlinns and nyvaigs contesting with those of Godred of Man in a moonlit clash of spears, many of the fiercest battles in Scottish history have been fought at sea.Examining an array of skirmishes from the Wars of Independence to the Napoleonic Wars, the scuttling of the Imperial German Navy at Scapa Flow to the lurking threat of Second World War U-boats and nuclear submarines hunting for Soviet spy ships, John Sadler has created a brilliant, insightful and unique portrait of the Scottish war at sea. Seller Inventory # CIN0691263639G
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