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Nobel laureate Abhijit Banerjee warns rising India polarization threatens investor confidence despite economic growth.
Nobel laureate Abhijit Banerjee warns that rising political polarisation in India is eroding transparency and investor confidence, despite strong economic growth.
He stresses that media freedom, credible data, and institutional transparency are vital for long-term investment, noting that foreign capital remains unstable and sensitive to uncertainty.
Banerjee highlights concerns over a lack of clear development plans for education, jobs, and AI’s impact on employment, cautioning that inequality and declining trust in democratic institutions threaten sustainable growth.
He calls for predictable policies and reforms to restore global confidence.
El ganador del premio Nobel Abhijit Banerjee advierte que la creciente polarización de la India amenaza la confianza de los inversores a pesar del crecimiento económico.