Browse Archives

By Category

By Date

About Amit Varma

Amit Varma is a writer based in Mumbai. He worked in journalism for over a decade, and won the Bastiat Prize for Journalism in 2007. His bestselling novel, My Friend Sancho, was published in 2009. He is best known for his blog, India Uncut. His current project is a non-fiction book about the lack of personal and economic freedoms in post-Independence India.




Bastiat Prize 2007 Winner

Recent entries

The Road to Redemption

Never, ever tell me that chess is a boring sport. On the last day of March in 2015, two players…

Assembly Proceedings

This is the 28th installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

The Baptist, the Bootlegger and the Dead Man Walking

This is the 35th installment of Lighthouse, my monthly column for BLink, a supplement of the Hindu Business Line. Appearances…

The Seen and the Unseen 5: This Is All Because Of Rupal Ben

This is the fifth episode of my weekly podcast, The Seen and the Unseen. [embedded podcast] A few years ago,…

The Landscape of Freedom in India

Here’s the video and transcript of a keynote speech I gave at the Asia Liberty Forum on January 11, 2017…

16 January, 2008

The 2008 Index of Economic Freedom…

... is out now. Find India:

image

I’ve taken the table from Mary Anastasia O’Grady’s comment in the Wall Street Journal, in which she explains:

[T]he evidence is piling up that neither government nor multilateral spending on education and infrastructure are key to development. To move out of poverty, countries instead need fast growth; and to get that they need to unleash the animal spirits of entrepreneurs.

[...]

The nearby table shows the 2008 rankings but doesn’t tell the whole story. The Index also reports that the freest 20% of the world’s economies have twice the per capita income of those in the second quintile and five times that of the least-free 20%. In other words, freedom and prosperity are highly correlated.

It really is no surprise why India is still a poor country, is it?

(O’Grady link via Cafe Hayek.)

Posted by Amit Varma in Economics | Freedom | India

Copyright (C) India Uncut - http://indiauncut.com
All rights reserved. Do not reproduce without permission. Email: amitblogs@gmail.com
This article is permanently archived at:
http://indiauncut.com/iublog/article/the-2008-index-of-economic-freedom/

Commenting is not available in this weblog entry.