“Before you can do the social spending, you have to find the money for it” – Jagdish Bhagwati

During a recent visit to LSE, Jagdish Bhagwati, Professor of Economics at Columbia University, spoke to Sonali Campion about his views on the need for liberalisation to support social spending in India. He also emphasised the role of democracy in allowing citizens to translate their growing aspirations into politically effective demands.