India ready to bet on Modinomics, whatever it is

Asia has grown inordinately fond of -nomics, slapping the suffix on grand-sounding growth programmes in such places as Japan, the Philippines, South Korea, Thailand and China. Thus far, the policies behind these monikers—based on the names of national leaders Shinzo Abe, Benigno Aquino, Park Geun Hye, Thaksin Shinawatra and Xi Jinping, respectively—have met with mixed success: Abenomics (all hype, no substance); Aquinomics (a reasonable winner); Parkonomics (a work in progress); Thaksinomics (seen the streets of Bangkok lately?); Xiconomics (way too soon to tell).

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