Two of three govts thrown out in India, world's highest rate of anti-incumbency: Ruchir Sharma

India has the highest rate of anti-incumbency in the world, says economic analyst Ruchir Sharma, who also argues that there is limited connection between economic development and election results in the country.

While one fact reflects the strength of India's democracy, the other points to its drawbacks, said the New York based columnist and economist.

"Two out of three governments get thrown out in India. In America, the number is just the opposite -- two out of the three get elected.

"That to me is a good news in the margin because it means that despite the money and muscle power of the incumbent... they keep losing elections and this is something very empowering for the average voter who knows that come election time and I will get my revenge," Sharma told PTI in an exclusive interview.

His new book "Democracy on The Road", which is expected to hit the stands in February ahead of the 2019 elections, claims to provide an insightful account of how Indian democracy works, using elections as a lens.

So what makes the Indian people change their leaders so frequently, especially when compared to other parts of the world?