To the extent that democratic responses to institutional incapacity will contribute to stronger and more sustainable growth, India’s economic clouds have a silver lining. But if India’s politicians engage in point-scoring rather than institution-building, the current slowdown may portend stormy weather ahead.
对制度无能的民主反应有利于更强劲、更可持续的增长，因此印度经济前景是光明的。但如果印度政客只顾政绩，不顾制度建设，那么当前的减速之势可能意味着漫漫熊途。