India: The World’s Fastest Growing Large Economy?

In this article for Acting Man, I examine the claim that India has become the world’s fastest-growing large economy and why that narrative collapses under closer scrutiny.

I discuss the difference between percentage growth and real economic growth, India’s comparison with China, the weakness of India’s institutions, the failure of democracy in poor countries, and why India’s growth story rests on fragile cultural and economic foundations.

Read the archived article at Acting Man via the Wayback Machine