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Jul 25

The Politics of Economic Reform in India

Location: The Heritage Foundation's Lehrman Auditorium

Since economic reforms were started in India over fifteen years ago, the Indian economic growth rate has steadily climbed from about 5 percent to over 8 percent, and there is a belief that it may even reach 10 percent and sustain at this level over the short to medium term.  There is an underlying political consensus in India today in support of economic reforms.  However, there also is a prevailing opinion that the pace and depth of the reform initiatives have not been consistent, and a vast number of people continue to be untouched by the visible changes that have taken place in the Indian economy.  Therefore, debate over economic reform has centered on the issues of economic growth to enlarge the pie for everyone and the distribution of the pieces of that pie.  To understand the process of change in India today and the political viability of the current economic reform agenda, we need to appreciate the political dynamics that made market-oriented reforms possible in the early 1990s. 

Please join us as Barun Mitra, Founder and Director of the Liberty Institute in India, and Swaminathan Aiyar, Consulting Editor of The Economic Times and Research Scholar at the CATO Institute, discuss these important issues. 

More About the Speakers

Swaminathan Aiyar
Consulting Editor of The Economic Times, and
Research Scholar,
CATO Institute

Barun Mitra
Founder and Director, 
Liberty Institute

Hosted By

Lisa Curtis Lisa Curtis

Senior Research Fellow Read More