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Why India Is Not Quite a Part of the Asian Miracle

Author

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  • Meghnad Desai

Abstract

This paper seeks to explain the low growth trajectory of India vis-a-vis East Asia in a historical and cultural perspective. It is argued that the Indian subcontinent was culturally separated from Buddhism and therefore from an egalitarian social possibility after the first millennium CE. A brief history of Indian economic development since independence is provided in light of the introductory historical account. JEL: N15, O10, O53

Suggested Citation

  • Meghnad Desai, 2020. "Why India Is Not Quite a Part of the Asian Miracle," Journal of Interdisciplinary Economics, , vol. 32(1), pages 8-11, January.
    • Handle: RePEc:sae:jinter:v:32:y:2020:i:1:p:8-11
    DOI: 10.1177/0260107920904875
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    More about this item

    Keywords

    Asian development; business policy; economic thought; India; miracle; religious influence;
    All these keywords.

    JEL classification:

    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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