[PEN-L:30363] Re: Re: Re: Re: Re: Recessionless Sri Lanka

[Doug Henwood <dhenwood@xxxxxxxxx>]

Anthony D'Costa wrote:

> the sic should be after "Hindu", a coinage by an economist, I forget the
> name, suggesting pejoratively that there is something inherent in
> (Hindu) India that retards growth.  The contemporary experience (staunchly
> rightist Hindu ruling regime within the constraints of parliamentary
> democracy) proves otherwise.  India's growth rate (despite this year's
> delayed monsoon hence recessionary conditions) remains one of the
> highest in the world.

Is the growth a statistical artifact, or are there real material
improvements in the lives of Indians? How many? Are the numbers
showing declining poverty rates reliable?

Doug