Despite favorable portents, declaring India displacing China is premature. Encouraging signs are not yet convincingly reflected in economic data & government policies remain inadequate to realize new opportunities, write Arvind Subramanian & @felmanjosh:foreignpolicy.com/2024/04/08/is-…

Economic nationalism inevitably accompanies political nationalism, but the reality is that India’s domestic market is not particularly large, josh felman and Arvind Subramanian write. foreignpolicy.com/2024/04/08/is-…

A piece by josh felman and me 'Is India Really the Next China?' in the latest issue of Foreign Policy which is devoted to India: foreignpolicy.com/2024/04/08/is-…
(paywall kicks in after one article)

No discussion of India is complete without a look at its economy. Former CEA Arvind Subramanian and josh felman describe bullish signs for India’s economy with one big caveat: investors at home and abroad seem skittish about India. Why?

foreignpolicy.com/2024/04/08/is-…

The case for India’s economic ascent is strong, but government policies still stand in the way, josh felman and Arvind Subramanian write. foreignpolicy.com/2024/04/08/is-…

Despite favorable portents, declaring India displacing China is premature. Encouraging signs are not yet convincingly reflected in economic data & government policies remain inadequate to realize new opportunities, write Arvind Subramanian & @felmanjosh:foreignpolicy.com/2024/04/08/is-…

Modi's government has built roads, ports, airports, railways, power, and telecommunications, in such quantities that it has rendered the country almost unrecognizable from what it was just a few years ago, josh felman and Arvind Subramanian write. foreignpolicy.com/2024/04/08/is-…

BumBumBole Arvind Subramanian josh felman Foreign Policy archive.is/pcP04

Will India be the next China? As China’s economy spirals downward and optimism about India’s growth reverberates around the world, that question can no longer be dismissed as the fevered fantasy of nationalists, josh felman and Arvind Subramanian explain. foreignpolicy.com/2024/04/08/is-…

Despite favorable portents, declaring India displacing China is premature. Encouraging signs are not yet convincingly reflected in economic data & government policies remain inadequate to realize new opportunities, write Arvind Subramanian & @felmanjosh:foreignpolicy.com/2024/04/08/is-…

A piece by josh felman and me 'Is India Really the Next China?' in the latest issue of Foreign Policy which is devoted to India: foreignpolicy.com/2024/04/08/is-…
(paywall kicks in after one article)

What are some ways to make the Africa Growth and Opportunity Act more effective? Justin Sandefur & Arvind Subramanian propose redirecting subsidies, re-establishing the region’s tariff, and more. Explore their full suggestions for #AGOA ⬇🌍
bit.ly/4aE1gAB

Thread: After more than a year of work, we have now launched dataforindia.com, a public platform that seeks to expand access to Indian data for everyone, and deepen the understanding of the country that can come from this data

I like this from Justin Sandefur & Arvind Subramanian much better for jobs/bottom-up growth (vs. mining/other extraction): cgdev.org/blog/renewing-…. W. Gyude Moore

The Africa Growth and Opportunity Act is up for renewal in 2025—but Justin Sandefur & Arvind Subramanian argue that a simple extension won't do much for Africa's structural transformation.

Instead, they offer ideas to give #AGOA more punch 👊. Explore ⬇
bit.ly/4aE1gAB

Kudos Ministry of Finance. Following our analysis on GST revenues in Dec. 2023 & the suggestion to publish refunds data, the govt. has started to do so but in a format & with details that enables understanding of true revenue performance: pib.gov.in/PressReleseDet…

Former CEA Arvind Subramanian talks about why private investment isn’t picking up in India, why the bank cleanup is actually a subsidy to defaulters & what will likely hold back GST reform.

Watch #ThePrintInterview with Deputy Editor TCA Sharad Raghavan

youtu.be/4nQg_zyEMvg

Former CEA Arvind Subramanian talks about ‘why private investment isn’t picking up in India..’

Why, he thinks, ‘the bank cleanup is actually a subsidy to defaulters…’

And what ‘will likely hold back GST reform.’

Watch #ThePrintInterview with Deputy Editor TCA Sharad Raghavan…

Trade not aid?

In the early 2000s, the African Growth & Opportunity Act, aka #AGOA , unleashed a brief boom in African manufacturing. The China shock killed it. As Congress debates renewing AGOA, can it be revived?

New paper w/ Arvind Subramanian:
cgdev.org/publication/lo…

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Kudos Ministry of Finance. Following our analysis on GST revenues in Dec. 2023 & the suggestion to publish refunds data, the govt. has started to do so but in a format & with details that enables understanding of true revenue performance: pib.gov.in/PressReleseDet…