Viewpoint by Deepak Nayyar
The transformative experience of the last five decades shows that policymakers should approach development with a diagnostic mind and a healthy scepticism of magic wands, silver bullets, and universal prescriptions, writes Deepak Nayyar, Emeritus Professor of Economics at Jawaharlal Nehru University, New Delhi. The following text is based on his input into a three-day global conference on ‘Transforming Economies for Better Jobs’ from 11 to 13 September 2019 co-hosted by UNU-WIDER and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).