Johan Norberg: India Awakes

Since 1991, 250 million people have been lifted out of poverty in India. Johan Norberg’s documentary India Awakes discusses how this happened.
It used to be said that Indians succeeded everywhere except in India. Now Indians are starting to succeed in India.

At an event at Cato, Norberg said that “India is waking up because the government is starting to take a nap every now and then (imposing fewer regulations)”.

“What you can do and at what price matters more than who you are or what caste,” said Norberg.

“It’s morning in India but that is when the work day begins.”

India has set the goal of being in the top 50 countries in the World Bank’s Doing Business Index. Today it is at number 142 out of 189 countries.

A lesser known fact about Norberg is that he helped me inaugurate the IMF’s Book Forum: the topic was “Capitalism and its Critics”. The transcript makes for very interesting and prescient reading today – all the speakers (Jerry Muller, Ann Florini and Norberg) brought their ‘A’ game. For a short summary of the event click here.

Posted by at 5:50 PM

Labels: Profiles of Economists


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