PS260Test1India - Relation between Indias Economy and Its...

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Relation between India’s Economy and Its Democracy India is an interesting in case for comparative politics, because it is a poor country that can establish consolidated democracy. In recent years, India has been the second-fastest growing country in the world, and become the world’s fastest growing Democracy. Economists believe that India could keep this higher growing rate for the next decades. But the same time, growing inequalities has created many troubles to India. To this growing economics, state has played a vital role in economic policy-making. After independent, first economic gold of India was self-sufficiency through state-led industrialization. Nehru has applied five years plan of Soviet model into India economy. The government then regulated and expanded the private industries. As a result, it made India became industrialize; nevertheless It did nothing to the poor. The congress and many leader has tried to redistribution land from landowners to motivate farmers and decrease the gap between the rich and poor. This policy face resistance, especially
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This note was uploaded on 04/07/2010 for the course POLITICAL PS260 taught by Professor Craigcobane during the Spring '10 term at Uni. Iceland.

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PS260Test1India - Relation between Indias Economy and Its...

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