Esther Duflo says India should manage the consequences without being too concerned about economic growth Nobel laureate Esther Duflo believes Narendra Modi government’s attempt to fight economic slowdown by reducing corporate taxes could just be the wrong prescription.
In an exclusive interview with Business Today, Duflo, who shared this year’s Nobel Prize for Economic Sciences with Abhijit Banerjee and Michael Kremer "for their experimental approach to alleviating global poverty" said a better solution to the problem will be to increase public expenditure and make it effective enough to de-risk the poor from the perils of economic slowdown and resultant loss […]
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