Locating the Macro Economy in the G-20
The fact that a regular convening of G-20-member countries and a rotational presidency for India has been converted into a carnival by the Narendra Modi government says more about the BJP’s art of politics than the summit’s importance. The hype around the G-20 is in line with the BJP’s messaging portraying the prime minister as a leader of unmatched global stature. Having said this, will the G-20 summit have any macro-economic significance for India?