Discover and read the best of Twitter Threads about #1991reforms
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Harking back to 1991. Every large reform today is compared to 1991. I decided to go back and read how it was covered in 1991. “One is whether the tentative free-market reforms undertaken by Rao's Congress Party government will prove bold and courageous enough” #1991Reforms
“to rescue the country from rising double-digit inflation, smothering debt & shrinking economic growth. The second is whether India's foreign policy is hindering these capitalist reforms by continuing to project the old, 3rd World-leftist ideas that guided Delhi during Cold War”
“Leftists have dug in their heels in defense of country's traditional socialist ideology. Labor unionists, socialists, communist politicians accuse Rao of selling out to rapacious Western capitalists and mortgaging country's future to the IMFand the World Bank.” Seems like 2020
