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Questo articolo è stato pubblicato il 02 novembre 2012 alle ore 11:04.

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Some argue that central-government paralysis is inevitable in a democracy of 1.2 billion people, and that the only way to re-energize India is to establish a looser confederation of its constituent states. Devolution would unshackle the economically more successful states. And, by combating the culture of aid dependency in economically weaker states, India’s poorer regions might benefit in the long run as well.

As dysfunctional as a decentralized Europe seems to be these days, India might benefit from moving a few steps in that direction, even as Europe itself struggles to become more centralized. Devolution might sound unrealistic, but once upon a time so did the European Union. If Singh’s new reform agenda is again blocked, perhaps it will be time for a more radical assessment.

Kenneth Rogoff, a former chief economist of the IMF, is Professor of Economics and Public Policy at Harvard University.

Copyright: Project Syndicate, 2012.

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TAG: Sonia Gandhi, Kenneth Rogoff, Public Policy at Harvard University, Europe, All, India

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