India badly needs the government to hold bureaucrats to account. But renovating its institutions requires building up competence as well.Now The new goverment has to invest in building up India’s woefully inadequate state institutions.To do that, they would have to grapple with India’s institutional malaise.Confronting India’s institutional challenges will be a long, unglamorous slog. Indeed, the very mention of reforming civil administration can make even the most hardened Delhi policy wonk’s eyes glaze over. In the short run, India can enjoy a rebound in its economic fortunes with “good enough” governance. For instance, the next government will likely enjoy a modest economic rebound as the global economy strengthens, India’s economy bottoms out, and investors cheer the demise of a rudderless incumbent Congress Party. But in order to materially improve long-term growth, “good enough” governance is simply not good enough.
Posted on: Sat, 17 May 2014 05:48:18 +0000
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