Friday, September 07, 2007

Kerala

A NYT story on the Kerala model, much discussed by Sen and his followers, and the ways in which it is fiscally dependent on cash remittances from emigrants. I'm reminded of recurring discussions chez Will Wilkinson about whether the nation-state is a salient unit of economic analysis. Indian federal states are comparable in size to most nation-states in the world-- but they're not free-standing economies.