The centerpiece of the 2007 Report by Goldman Sachs is the prediction of India's phenomenal economic growth and power in the next few decades. In this article we critique the conceptual validity of that prognosis. In particular, we highlight several hard and soft infrastructure impediments to India's emergence as a major economic power.
Roy, Ashok K. and Bagchi, Aniruddha
"A Clashing Viewpoint Concerning India: A Critique of Goldman Sachs 2007 Report,"
Journal of Global Initiatives: Policy, Pedagogy, Perspective: Vol. 3
, Article 3.
Available at: http://digitalcommons.kennesaw.edu/jgi/vol3/iss1/3