Economic Survey 2011-12: Twist in the survey
Renowned development theorist and former Cornell University professor, Kaushik Basu, has attempted to give a new look to the usually drab Economic Survey.
He began buffing up the Survey in 2009-10, giving it a new cover, changing and adding chapters and creating boxes with relevant findings from cutting edge research.
India & Global Economy
India is already too much a part of the global economy and polity and needs to engage with the world to influence rules on macroeconomic issues. A passive stance is no longer “realistically feasible” as what India does will affect the world, says the Survey.
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At Durban, the world recognized India for its spirited defence of the interests of developing countries. The Survey extends hope that the developed countries will reciprocate the flexibility shown by India at Durban by addressing the concerns of developing countries such as their interests in future climate change deliberations.
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