“In the July/August issue of Foreign Affairs, a special lead package has brought together four top experts to analyze the sources and implications of India’s rise — and the policies necessary for it to continue.”

One snippet that might generate discussion:

Rather than adopting the classic Asian strategy — exporting labor-intensive, low-priced manufactured goods to the West — India has relied on its domestic market more than exports, consumption more than investment, services more than industry, and high-tech more than low-skilled manufacturing. This approach has meant that the Indian economy has been mostly insulated from global downturns, showing a degree of stability that is as impressive as the rate of its expansion. The consumption-driven model is also more people-friendly than other development strategies. [FA]