Bhagwati argues that “growth matters” and that economic reform, globalization and trade openness have led to economic growth in India and reduced poverty, but Kohli, Bardhan and others are not in full agreement. Explain

1)Bhagwati argues that “growth matters” and that economic reform, globalization and trade openness have led to economic growth in India and reduced poverty, but Kohli, Bardhan and others are not in full agreement. Explain their arguments. (2)Using data from class notes, Dreze’s and Sen’s Uncertain Glory and Bardhan’s Awakening Giants, how does India fare in recent years in measures of social well-being? How does India compare with other countries? Preferred language style Simple (Easy vocabulary, simple grammar constructions)

 

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