Quote from: History Topic

Let me say that I think the economic history of the last 150 years clearly shows that if you want to industrialize a country in a short period, let us say 20 years, and you don't have a well-developed private sector, entrepreneurial class, then central planning is important.


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Author Bio


  • NameManmohan Singh
  • Description14th Prime Minister of India
  • BornSeptember 26, 1932
  • CountryIndia
  • ProfessionEconomist; Politician
  • AwardsCNN-IBN Indian Of The Year; Adam Smith Prize