Showing results for "Why the Nineties Matter" in All Categories

In Why the Nineties Matter, Terry Anderson provides a broad-ranging history of America in that decade. Not simply a chronological account, the book focuses on key trends that either began or gained steam then and which have had lasting effects until this day. Threading together politics, economic transformations, and sociocultural trends, he focuses on what mattered most in retrospect.

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies.