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Breaking the Mould: Reimagining India’s Economic Future, is a first-time collaboration between Dr Rajan and economist Rohit Lamba. These two distinguished voices from the field of economics and public policy have put together a gripping book about the future of India’s economic development. There is a truly Indian path to prosperity, they argue, that builds on the strengths of our people and our political and societal frameworks. They examine fundamental policy choices that concern every Indian.
Where is India going today? Is it surging forward, having just overtaken the United Kingdom to become the fifth-largest economy in the world? Or is it floundering, unable to provide jobs for the millions joining the labour force? What should India do to secure a better future? Breaking the Mould: Reimagining India’s Economic Future tackles these critical questions that revolve around India’s growth and progress in the 21st century.
Raghuram G Rajan
Raghuram G. Rajan is a world-renowned Indian economist who is currently a distinguished service professor at the University of Chicago Booth School of Business. His past policy positions include governor of the Reserve Bank of India and chief economist at the International Monetary Fund.
His bestselling books include Fault Lines (winner of the Financial Times Business Book of the Year Award), I Do What I Do, The Third Pillar and Saving Capitalism from the Capitalists (with Luigi Zingales). His widely cited research focuses on the underpinnings of economic growth. His numerous awards include the Fischer Black Prize and the Deutsche Bank Prize for financial economics, Euromoney’s Central Banker of the Year award and the Banker’s Global Central Banker Award.
Rohit Lamba is an assistant professor of economics at Pennsylvania State University and a visiting assistant professor of economics at New York University Abu Dhabi. He received a PhD in economics from Princeton University and was a postdoctoral fellow at the University of Cambridge. He publishes regularly in leading academic journals and newspapers. He has also worked as an economist at the office of the chief economic adviser to the Government of India.
Manaswini Bhalla is an Associate Professor in the Economics area at Indian Institute of Management. Her primary area of interest lies in information economics with a focus on issues in pricing, corporate culture and political economy. She uses empirical and game theoretic tools in her research.
In a series of working papers, she is exploring the role of culture on economic outcomes in the context of corporate boards, entrepreneurship, legal system and real estate.
In the field of pricing, her work explores the use of prices and other instruments by firms to influence learning process of consumers to their advantage. Some of her work in this area have been published in journals like Journal of Economic Theory and Journal of Industrial Economics.