The rise of India’s software services industry has been oft-told. In this book, the author, one of the principal players of the industry, tells the story from the inside, of how Indian IT is leading to Indians aspiring to be first class citizens in a first class country run by a first class administration.
Since weak demand is at the heart of the recession, governments need to enact stimulus programs along with structural reforms, argues Menzie Chinn. Structural reforms don’t always work out, writes Karl Smith. Raghuram Rajan demurs.