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Publisher's Summary

Before the global financial meltdown of 2008, India's economy was thriving and its GDP growth was cruising at an impressive 8.8 percent. The economic boom impacted a large section of Indians, even if unequally. With sustained high growth over an extended period, India could have achieved what economists call a "take-off" (rapid and self-sustained GDP growth). The global financial meltdown disrupted this momentum in 2008.

In the decade that followed, each time the country's economy came close to returning to that growth trajectory, political events knocked it off course. In 2019, India's GDP is growing at the rate of seven percent, making it the fastest-growing major economy in the world, but little on the ground suggests that Indians are actually better off. Economic discontent and insecurity are on the rise, farmers are restive, and land-owning classes are demanding quotas in government jobs. The middle class is palpably disaffected, the informal economy is struggling, and big businesses are no longer expanding aggressively.

India is not the star it was in 2008 and in effect, the "India growth story" has devolved into "growth without a story". The Lost Decade tells the story of the slide and examines the political context in which the Indian economy failed to recover lost momentum.

©2019 Pooja Mehra (P)2019 Random House Audio

What listeners say about The Lost Decade

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    3 out of 5 stars

The audible narration is very bad

The book has a good chronological setting which tells you a lot about the last decade. However the way the book is narrated feels very matter of fact and not suited for audible at all.

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Sounds like A.I. narrated the book 😑

The book deals with extremely interesting material but the narrator manages to make entire paragraphs meaningless. Every phrase is narrated in the same tone. There's no difference between commas and periods. I couldn't listen to more than 1 chapter. It was ridiculous.

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  • Amazon Customer
  • 02-01-20

Good content but poor audio

I felt that the narrator's flat voice disengaged me while listening. I would recommend to purchase the physical copy than the audiobook.