One need not here give an answer, other than to say that the consequences would be dire. But one can state that this is not an impossible scenario. In our connected world the silos have cracked. What happens in one place has an impact in every place. The twin messages that I have culled from Liaquat’s economic biography should alert leaders to the consequential damage of an “outmoded” and populist approach to contemporary challenges. They should read this book to get a fuller sense of their lives “without theory”.
The writer is chairman of the Shell group of companies in India. The views expressed are personal
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