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5 July 2013updated 22 Oct 2020 3:55pm

What happened to India’s economic miracle?

The elephant untethered.

By William Dalrymple

This article is from the current issue of the New Statesman, out now. To purchase the full magazine – with our signature mix of opinion, longreads and arts coverage, plus an essay by John Bew on Syria, a critical appraisal of Vermeer by Craig Raine, a piece on what makes us human by Alexei Sayle, and columns by Laurie Penny, Douglas Alexander, Peter Wilby, Rafael Behr, Will Self and Mehdi Hasan – please visit our subscription page.
 
An Uncertain Glory: India and Its Contradictions
Jean Drèze and Amartya Sen
Penguin, 448pp, £20

 

Patience, wrote Ambrose Bierce in The Devil’s Dictionary, is a “minor form of despair, disguised as a virtue”. The economists Amartya Sen and Jean Drèze quote Bierce in their new book on the Indian economy, An Uncertain Glory:

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