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Tuesday, September 9, 2008

India: Land on the March

Ed Feulner of the Heritage Foundation on his trip to India:

"...I did hear from private bankers, business leaders, educators and government officials. Their universal commitment to pushing reforms and investing further in the Indian economic miracle impressed me."

"(I)f India continues on its reform path, it will become a very important player on the international scene, and a vital advocate for freedom around the globe."

I think it's a big "if" whether India's reforms are a "path" at all (e.g., they are anything other than ad hoc and there is any intention to reform more than the most basic things required to be able to grow export revenue). As an American in India, my impression (and the impression of some of my local friends) is that most of the roadblocks in India's way are completely self-inflicted: lack of infrastructure, over-regulation, lack of transparency in the enforcement of regulations, oligarchic government/business relationships; the list goes on.

India lives in a tough neighborhood (Pakistan and China, for instance) but as far as economic and liberal progress goes, it may well be it's own most dangerous enemy.

(As an aside, the India military is pretty sharp although I understand the senior officer corps can be seen as quite, ah, political.)

The article is in Townhall.

1 comment:

Ken Roberts said...

Agim, do you encounter many people who believe / act as if Ghandhi's ideas are significant in their lives?

I'm not asking if you've met saints, though that would be interesting. Rather, to what extent are the ideas of 1920's 30's 40's meaningful today?