In the 1950s, as developmental economists began to consider which countries would break out of the pack and become role models for other developing nations, India and Chinathe sleeping giantswere regarded as certain bets. In Why Growth Matters, two expert economists unrivalled in their knowledge of the Indian economy in particular, show why India was mired in low growth for so long, and tackle several myths that have attached themselves to the phenomenal growth spurt that began in earnest after 1991.
