Law and Order - The missing reform
Manas Chakravarty has an article in Mint title IBC Ordinance a blow against the Promoter Raj. It talks about new Insolvency and Bankruptcy Code reform.That raises some prospects of execution problems.
I think Modi government faces lot of execution problems because it has not acted to root out corruption. Here is my solution I wrote for Moneylife. Do have a read and leave a comment.
Notes:
World Bank report on Reform in Georgia
Buy my books "Subverting Capitalism & Democracy" and "Understanding Firms".