tag:blogger.com,1999:blog-2428981200757860664.post3237139585875226237..comments2024-03-05T00:18:42.083+05:30Comments on Misplaced Emphasis: Brazilian lessons for IndiaSrijit Mishrahttp://www.blogger.com/profile/06974705063587890292noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2428981200757860664.post-63644477507832398442009-03-21T08:52:00.000+05:302009-03-21T08:52:00.000+05:30Message from Marcelo MedeirosThank you for the lin...Message from Marcelo Medeiros<BR/><BR/>Thank you for the link. Not only insightful but also good humored!<BR/><BR/>On a more serious mood, if there is one lesson we can learn for the Brazilian errors of the past is that if the growth of the economy is not followed by an enhancement of the fiscal capacity of the central and local governments (meaning more tax recollection) and that capacity used for distributive purposes - education and direct redistribution - India is at risk of becoming a high inequality country, as it seems it will. High inequality of that type is not a harmless temporary phenomena: it determines the structure of production and the organization of political institutions, creating an inertia that may be hard to revert.<BR/><BR/>In my view it would be an oversimplification to say that India will become 'Latinamericanized', but I have no doubt that increasing income inequality is an issue that should deserve more attention of researchers in a country with such a good tradition in poverty studies.<BR/><BR/>It was nice to meet you and have a good talk. I hope to see you soon, this time in Brazil!Srijit Mishrahttps://www.blogger.com/profile/06974705063587890292noreply@blogger.com