Bhaskar Dutta in the Telegraph revisits the growth-equity debate:
What should be the proper sequence of reforms of the economy? Should the government proceed full speed ahead and complete the unfinished reform agenda of the 1990s? Or should it press the pause button on the reform process and focus instead on distributional measures to promote health, education and food security so as to achieve “growth with a human face”?
This debate has become topical once again, largely because of the recent Hiren Mukherjee Memorial Lecture delivered in Parliament by Jagdish Bhagwati.
Read on at the Telegraph