Suyash Rai, Anirudh Burman
{
"authors": [
"Suyash Rai"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie India"
],
"collections": [],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie India",
"programAffiliation": "",
"programs": [],
"projects": [
"Political Economy"
],
"regions": [
"India"
],
"topics": [
"Domestic Politics",
"Economy"
]
}Source: Getty
Sitharaman Shouldn’t Just Put Out Existing Fires but Go for Real Success—Long-term Impact on Economy
Nirmala Sitharaman’s real success should be defined in terms of her long-term impact on the economy, and not just in putting out the fires burning presently.
Source: Print
Nirmala Sitharaman’s real success should be defined in terms of long-term impact on the economy, and not just in putting out the fires burning presently. This kind of success will depend on taking forward the unfinished reforms in the ministry, and initiating more structural reforms.
About the Author
Former Fellow, Carnegie India
Suyash Rai was a fellow at Carnegie India. His research focuses on the political economy of economic reforms, and the performance of public institutions in India.
- The Best of Ideas and Institutions, 2023Article
- Global Technology Summit 2022 Action PointsOther
- +4
Shruti Sharma, Suyash Rai, Konark Bhandari, …
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie China
- The Plaza Accord and Its Relevance for ChinaCommentary
The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.
Michael Pettis
- Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?Commentary
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
Michael Pettis
- The Xi Doctrine Zeros in on “High-Quality Development” for China’s Economic FutureCommentary
In the latest Five-Year Plan, the Chinese president cements the shift to an innovation-driven economy over a consumption-driven one.
Damien Ma
- How China’s Growth Model Determines Its Climate PerformanceCommentary
Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.
Mathias Larsen
- What’s New about Involution?Commentary
“Involution” is a new word for an old problem, and without a very different set of policies to rein it in, it is a problem that is likely to persist.
Michael Pettis