Donald Trump and Narendra Modi: A similar agenda

Both leaders need to grapple with the problem of employment and a low share of manufacturing

Abheek Barua & Bidisha Ganguly 

Abheek Barua & Bidisha Ganguly You can accuse us of trying too hard to find similarities where none exist. However, it would be difficult to miss the fact that the policy challenges that both Mr Trump and Mr Modi confront seem to be from the same page of the economics textbook. To begin with, employment remains the key challenge for both administrations. While India’s job problems have been documented somewhat copiously, it might help to put America’s problem in perspective. While the unemployment rate has indeed moderated to 4.9 per cent, roughly 95 million Americans over the age of 15 remain jobless and ...

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Donald Trump and Narendra Modi: A similar agenda

Both leaders need to grapple with the problem of employment and a low share of manufacturing

Both leaders need to grapple with the problem of employment and a low share of manufacturing You can accuse us of trying too hard to find similarities where none exist. However, it would be difficult to miss the fact that the policy challenges that both Mr Trump and Mr Modi confront seem to be from the same page of the economics textbook. To begin with, employment remains the key challenge for both administrations. While India’s job problems have been documented somewhat copiously, it might help to put America’s problem in perspective. While the unemployment rate has indeed moderated to 4.9 per cent, roughly 95 million Americans over the age of 15 remain jobless and ... image
Business Standard
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