Rohit Lamba Reimagines India’s Economic Policy Emphasis

Ideas of India

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Today my guest is Rohit Lamba, an assistant professor of economics at Pennsylvania State University and a visiting assistant professor of economics at New York University Abu Dhabi. We spoke about his recent book Breaking the Mould: Reimagining India’s Economic Future which he has coauthored with Raghuram Rajan.

We spoke about their argument to shift the focus from industrial and trade policy towards a services and education policy, how India can and should decentralize, if India can scale education and health, India’s growth rate numbers, and much more.

Recorded April 19th, 2024.

Read a full transcript enhanced with helpful links.

Timestamps

(00:00:00) - Intro

(00:05:21) - Zooming into Indian States

(00:20:25) - Why not Decentralization?

(00:26:28) - Scaling Education

(00:51:14) - Educating the Global South

(00:53:22) - Picking Winners and Losers

(01:10:22) - India's Growth Rate

(01:18:44) - Outro

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