A sewage pipe runs into the Dal Lake in Srinagar, India: economists overlook the link between poverty and destruction of the environment © AP Photo/Mukhtar Khan
An Uncertain Glory: India and Its Contradictions by Jean Drèze and Amartya Sen (Allen Lane, £20)
Why Growth Matters: How Economic Growth in India Reduced Poverty by Jagdish Bhagwati and Arvind Panagariya (PublicAffairs, £19.99)
A central message of modern development economics is the importance of income growth. By this, economists tend to mean growth in gross domestic product, or the market value of what…
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