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Why is this year’s Nobel Prize in Economics important for India? | The Morning Context

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Why is this year’s Nobel Prize in Economics important for India?

The laureates’ award-winning work sheds some light on the lasting effects of colonialism on the economy—a problematic period that India is yet to truly recover from.

17 October, 2024•6 min

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17 October, 2024•6 min

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Why is this year’s Nobel Prize in Economics important for India?

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EXPLAINER
/
Chaos

Why is this year’s Nobel Prize in Economics important for India?

The laureates’ award-winning work sheds some light on the lasting effects of colonialism on the economy—a problematic period that India is yet to truly recover from.

17 October, 2024•6 min

0

17 October, 2024•6 min

0

Getting your Trinity Audio player ready...

Why is this year’s Nobel Prize in Economics important for India?

More in Chaos

Story image

India’s jet engine gap turns into a strategic fault line

Story image

India’s jet engine gap turns into a strategic fault line

The country's fighter jet roadmap rests on imported propulsion, leaving its military plans hostage to cost shocks, delays and geopolitics.

Story image

The next chapter for the UAE, after the Iran war

The next chapter for the UAE, after the Iran war

Story image

NEET and the military shortcut risks long-term damage

NEET and the military shortcut risks long-term damage

Story image

Why (so many) Indians have stayed put in the UAE amid Iran war

Why (so many) Indians have stayed put in the UAE amid Iran war

Story image

Ten military lessons India must learn from the US-Israel war on Iran

Ten military lessons India must learn from the US-Israel war on Iran

Story image

India's modest climate targets: smart diplomacy or missed opportunity?

India's modest climate targets: smart diplomacy or missed opportunity?

You may also like

Story image

2025: A terrific year for macroeconomic management of the economy

The economy grew strongly despite several headwinds, with the policy responses mostly fitting the need. How sustainable is the growth rate, though?

Story image

L&T chairman is right about labour availability, but not about its exact reasons

Last week, Larsen & Toubro chairman S. N. Subrahmanyan blamed welfare schemes for unavailability of labour. There are other factors in play too.

Story image

Sitharaman’s conservative budget signals caution for all India watchers

Budget 2025-26 backs off from supporting the economy when it is badly needed, choosing instead to play to the gallery. What next for consumption?

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