Ajay Shah, economist extraordinaire and author of the finest primer on public policy in India – ‘In Service of the Republic’ – believes everything is everything! It’s more than just the ‘catchy’ name of his insightful podcast with Amit Varma. Ajay explained when he joined us for our own humble endeavour – FED Dialogues – that while the phrase is borrowed from Bruce Springsteen, it speaks to a deeper philosophy held by Ajay and Amit. “The whole world adds up to something together. We wanted to give a flavour of that interconnectedness about the world”. 

His conversation with FED Director Rahul Ahluwalia was a lot like that — everything! They touched on a myriad of topics, from looking at the private sector’s flagging appetite for investment to categorising industrial policy into four pillars (and why he’s unenthusiastic about all four) to what we can learn and what we must not learn from the China and Japan growth stories. 

Watch the full episode: