Page 61 - Constitution
P. 61
70 Years of Indian
Constitution
Constitutional amendments
and economic reforms
A 2008 World Bank Working Paper
argued, “The main determinant of
differences in across countries
are differences in economic
institutions. To solve the problem
of development will entail reforming
these institutions.” Most people
will agree, even market-oriented
Bibek Debroy
economists. Markets don’t work in
isolation, but in a social and legal
context that sets the infrastructure.
70 Years of Indian Constitution 61
