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Breaking the Mould

Reimagining India's Economic Future

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Breaking the Mould

Written by: Raghuram Rajan, Rohit Lamba
Narrated by: Adwait Karambelkar
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About this listen

 Where is India going today? Is it surging forward, having just overtaken the United Kingdom to become the fifth-largest economy in the world? Or is it flailing, unable to provide jobs for the millions joining the labour force? What should India do to secure a better future?India is at a crossroads today. Its growth rate, while respectable relative to other large countries, is too low for the jobs our youth need. Intense competition in low-skilled manufacturing, increasing protectionism globally and growing automation make the situation still more difficult. Divisive majoritarianism does not help. Indiabroke away from the standard development path―from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services―a long time back by leapfrogging the intermediate steps. Rather than attempting to revert to development paths that may not be feasible any more, we must embark on a truly Indian path.In this book, the authors explain how we can accelerate economic development by investing in our people’s human capital, expanding opportunities in high-skilled services and manufacturing centred on innovative new products, and making India a ferment of ideas and creativity. India’s democratic traditions will support this path, helped further by governance reforms, including strengthening our democratic institutions and greater decentralization.The authors offer praise where the Indian establishment has been successful but are clear-eyed in pointing out its weaknesses. They urge India to break free from the shackles of the past and look to the possibilities of the future. Written with unusual candour, and packed with vivid examples and persuasive arguments, this is a book for anyone who has a stake in India’s future. Business Development Economics International Politics & Government Public Policy Small Business & Entrepreneurship
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It has easily become my favorite book in a long long time, always loved Raghu one of the few economists I always want to listen too. Also great insight on current situation and future potential of our country and the ways to achieve it.

Absolutely amazing, must listen to

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Everyone should read this book especially Indians regardless of any political parties it doesn't matter, you will find that a lot of changes in your thinking perspective of a developing country.
I think, one of the greatest books I have ever read regarding of Indian economy, society and basic structure of the systems.

Great analysis and near future roadmap!!

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Book provides excellent insights and breaks the mould and makes the reader to think and reflect. Masterpiece and Must read to understand the realities and have critical thinking of the current situation. Simple but very powerful and thought provoking.

Economic realities of India

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a must read to understand how economic advisors work in order to advise their governments. Amd Raghu knows exactly what needs to be done in Indian case.

understandings of global economic fundamentals

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The simplicity which was used to explain the concepts makes it like a conversation. Great book.. a sequel required

Simplicity

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