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The Lost Decade 2008-18 : How Indias Growth Story Devolved into Growth without a Story

Author :  Puja Mehra

Product Details

Country
India
Publisher
Penguin Books India (P) Ltd, Gurgaon
ISBN 9780670091836
Format HardBound
Language English
Year of Publication 2019
Bib. Info xvii, 340p.; 23 cm.
Product Weight 550 gms.
Shipping Charges(USD)

Product Description

The Lost Decade (2008-2018) maps the years during which the India Growth Story collapsed, and examines the political context as to why the Indian economy never recovered in the years following the global financial meltdown. Before 2008, India was booming, cruising at 9 per cent-plus economic growth. 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). In the years after 2008, every time the country's economy came close to returning to that trajectory, and it actually did on three separate occasions during the 'lost decade', political events knocked it off course again.

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