The belief that higher GDP growth rates stoke employment generation has been crumbling. We have had high GDP growth rates but have not been creating the jobs that we need. The focus now has to be on job creation with GDP growth becoming the consequence, writes Ajay Shankar. Achieving this requires a “fundamental change in our mindset” beyond the Washington Consensus, he adds, and chalks out a broad working agenda to make it work. Read it here
In other views:
Mihir Sharma delineates key mistakes in three key upcoming elections in the US, the UK and France. Read it here
Karishma Vaswani describes the local geopolitical consequences of standing up to Beijing. Read it here
Devangshu Datta highlights the gap between reality and hype in India’s growth story. Read it here
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Vishal Menon traces the fortunes of Indians as a result of changes in the US H1B visa regime. Read it here