A debate has sprung up on the Internet among economists and social scientists tracking the India story involving Jagdish Bhagwati , Amartya Sen, Martin Wolf and many others. The basic question is: Should India continued to focus exclusively on high growth or should it invest more in social programmes as well. In regard to development strategy, should trade and economic policy have the upper hand over social and political policy- or a mix of both with different time frames and priorities. At issue are the need to reduce high levels of poverty and equally high level of inequality.


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