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Extreme Turbulence: India at the Crossroads
By
Upendra Kachru
Extreme Turbulence: India at the Crossroads provides an overview of where the world is at this inflection point in history, in respect of trade, technology, energy, resources, population and the environment, among other things. More important, it looks at how India is placed in these areas, and how it can benefit from the transformed global scenario in the coming years, if it is to move up to a place in the super league. There is already a belief, in middle-class India, that the country is on its way to becoming an economic superpower in the near future. This belief, warns Upendra Kachru, is fraught with danger. For in this changing scenario, the benefits are great, but the costs of failure are equally high. In assessing just where India could be and how best it can get there, he looks not only at competitive and resource advantages but also some key weaknesses that we have to overcome to sustain high growth and remove the widespread poverty—the quality of governance, a bureaucracy that is mired in red tape, and rampant corruption, for instance. In doing so, he presents a remarkably clear picture of a complex situation that will be invaluable to anyone who has ever tried to crystal gaze.
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