Posts Tagged ‘Indian bureaucracy’

  • wheat...jute bag...iStock_000015745212XSmall-1

    India’s Planning Problems

    Jun 25, 12 • 317 Views • Demand, Supply, and Markets, Developing Economies, Economic History, International Trade and Finance, Labor, Macroeconomic Measurement, Regulation, UncategorizedNo Comments

    India has a jute shortage that will affect a lot more than bags. Our story began decades ago with India’s “license raj,” a bureaucratic reign (raj) that followed the British colonial raj. What to produce, who to hire, how much to pay, when