000			02038nam a22001817a 4500
005			20250604105901.0
020			_a9780670099894
082			_a338.064 _bRAJ
100			_aRajan, Raghuram G. _aLamba,Rohit
245			_aBreaking the Mold _bIndia’s Untraveled Path to Prosperity
260			_aDelhi _bPenguin _c 2024
300			_a297
500			_aWORDI/2025/CRB/517 _b2025-06-02
505			_aEconomic policy and planning
520			_aThe whole world has a stake in India’s future, and that future hinges on whether India can develop its economy and deliver for its population—now the world’s largest—while staying democratic. India’s economy has overtaken the United Kingdom’s to become the fifth-largest in the world, but it is still only one-fifth the size of China’s, and India’s economic growth is too slow to provide jobs for millions of its ambitious youth. Blocking India’s current path are intense global competition in low-skilled manufacturing, increasing protectionism and automation, and the country’s majoritarian streak in politics. In Breaking the Mold, Raghuram Rajan and Rohit Lamba show why and how India needs to blaze a new path if it’s to succeed. India diverged long ago from the standard development model, the one followed by China—from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services—by leapfrogging intermediate steps. India must not turn back now. Rajan and Lamba explain how India can accelerate growth by prioritizing human capital, expanding opportunities in high-skilled services, encouraging entrepreneurship, and strengthening rather than weakening its democratic traditions. It can chart a path based on ideas and creativity even at its early stage of development. Filled with vivid examples and written with incisive candor, Breaking the Mold shows how India can break free of the stumbling blocks of the past and embrace the enormous possibilities of the future.
650			_aEconomics
942			_cBK
999			_c226162 _d226162