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This week on The Learning Curve, Cara and Gerard interview Gurcharan Das, author, public intellectual, and former CEO of Procter & Gamble India. Mr. Das gives a short history of the rise of India since independence in 1947 to become a thriving, incredibly diverse nation of 1.4 billion people—the world’s largest free-market democracy. He explains how the economic reforms of 1991 removed the restraints of a centralized, bureaucratic state, helping drive the economic dynamism of an IT and knowledge economy that has helped 415 million people escape poverty over the last 20 years. India’s remarkable story, Mr. Das notes, is showing the world an alternative to the Chinese model of autocratic, centralized control.
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