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Books



         widely appreciated. H-Pop   universities, who worked
         “is penetrating the pillars   as an economist in the of-  BREAKING THE MOULD:
         of India’s popular cul-  fice of the chief economic   REIMAGINING INDIA’S
                                                             ECONOMIC FUTURE
         ture”, says writer/journal-  advisor and is currently   Raghuram Rajan & Rohit
         ist Christophe Jaffrelot.   visiting assistant professor   Lamba
         Adds Aakar Patel: “This   of economics at New York   RANDOM HOUSE
         book shows us the faces   University, Abu Dhabi.    Rs.799                Pages 366
         and voices of those on the   That’s an impressive part-
         frontline of the war this   nership.
         nation is waging against   Unsurprisingly, Break-
         itself”. “Based on solid   ing the Mould contains   has touched 95 percent,   This book contains
         ground reporting, this eye-  an impressive array of   dropout rates are high.   an impressive array
         opening book will awaken   aspects/datapoints to sup-  The National Education   of aspects/data
         the reader to a new India   port the contention that   Policy (NEP) 2020 says   points to argue that
         that is being divided even   India’s reportedly impres-  that the gross enrolment   India’s seemingly
         by music, poetry and     sive economic growth has   for classes VI-VIII was   impressive economic
         books,” opines TV anchor   been very uneven. The   90 percent but for classes   growth has been
         Rajdeep Sardesai.        authors emphasise that   IX-X and XI-XII it was   very patchy
           This narrative reveals   our main focus ought to   79.3 and 56.5 percent
         a grim future for those   be to maximise the growth   respectively.
         who believe that secular-  potential arising out of   Further, joblessness   the Soviet Union and end
         ism and egalitarianism   our demographic divi-   is growing. Not only are   of the Cold War coincided
         have deep and ineradi-   dend. In 2020, after three   unemployment levels high   with the dawn of the Inter-
         cable roots in Indian terra   decades of strong growth,   but our ‘Women Labour   net revolution and sharp
         firma. Prolonged failure   35 percent of our children   Force Participation’ rate   improvement in transport
         to provide good quality   below 5 years of age were   of 22 percent is the lowest   technologies which, to-
         education in the neglected   stunted (over 85 percent of   amongst G20 countries.   gether with the ‘Washing-
         hinterland of the coun-  cumulative brain develop-  This despite women’s   ton Consensus’ of a newly
         try, has produced a huge   ment happens before the   enrolment in higher edu-  unipolar world, created
         population of ill-educated   age of 6. A child is deemed   cation rising, indicating   the globalisation boom
         citizens susceptible to   stunted, too short for   workplace safety issues.  where pricing efficiency
         the crude anti-minorities   its age, if she falls below   The authors highlight   and profitability governed
         populism which is being   two standard deviations   that India, China and   locational choice, not
         developed into a fine art   from the ‘median height   South Korea had almost   ideologies or politics.
         by unchecked practitio-  for age’ recommended by   similar per capita incomes   The authors highlight
         ners of H-Pop.           the WHO’s child growth   till the 1950s. Now we lag.   some facets of the Chinese
                   ANIL THAKORE   standards). This cannot be   The world order wit-  model, such as existence of
                                  held to be an India-specific   nessed epochal changes   widespread decentralised
                                  genetic trait as other stud-  after the end of WW II and   economic empowerment
         Impressive               ies indicate that Indian   again in the 1980s. Pes-  in a politically authoritari-
                                  children brought up in
                                                                                   an state. The authors point
                                                          simism prevented newly
         explainer                the UK/US do not reveal   independent India from   out that local governments
                                                          partaking in the post-WW
                                                                                   (i.e, below provincial
                                  stunting. Nutrition/sanita-
                                  tion/hygiene imbalances   II trade and development   level) in China account
               AGHURAM Rajan,     could be the main cause.  boom. South Korea, with   for a 51 percent share of
               former Governor,     The book notes        no such inhibitions, ben-  government expenditure.
         RRBI and former          that though a variety   efited and is now a high-  Additionally, as decision
         chief economic advisor to   of schemes exist, their   income OECD country.   making is flattened, better
         the Union government,    implementation record   Their narrative does relate   effective de facto ‘ease of
         needs no introduction to   is patchy/has significant   an amusing and interesting   doing business’ exists than
         knowledgeable citizens.   heterogeneity; it is better   story about South Korea   witnessed in countries
         This book is written in   in the south and west   but skips discussing the   with longer hierarchical
         co-authorship with Rohit   than the north and east.   ‘how and why’ of the issue.  systems of remotely man
         Lamba, an alumnus of     Additionally, although     China’s success came in   aged centralised control.
         Princeton and Cambridge   primary school enrolment   the 1990s. The collapse of   However the authors

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