India overtook the UK to become the world’s fifth largest economy even as Bangladesh overtook India in terms of per capita income. As Rathin Roy points out, the link between economic size and prosperity is tenuous. A large aggregate GDP and a low per capita GDP poses other difficult policy conundrums, he writes here
Shankar Acharya traces the successive weak or wrong economic policies that have discouraged a meaningful expansion of the job market and predicts that in an increasingly digitised world of algorithms, robotics, 3-D printing and artificial intelligence, the demographic dividend is dissipating with seriously

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