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13 - and political independence Gandhi wanted the people to...

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February 13, 2008 What is the biggest challenge to India’s economic development? o The large amount of people under the poverty line o The necessity of the government to impose on the freedoms guaranteed by democracy Class Discussion o Hamilton vs. Nehru: What is “economic nationalism”? What is “economic protectionism” or “import-substitution strategy”? Economic protectionism: high tariffs on imports o Gandhi vs. Nehru: What are their different visions for achieving India’s economic
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Unformatted text preview: and political independence? Gandhi wanted the people to reduce spending – be less greedy – which would reduce their poverty Small industry o State-led industrialism vs. Neo-liberal economics: What are their different strengths and weaknesses? Most resources come from within and don’t depend on others (good for economy) – State-led o Patronage politics vs. democratic politics: Why is it more destructive to a developing country?...
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