India matters now and will matter still more in future. It is a democracy; its economy is fast growing; and it will soon be the most populous country in the world. Westerners should passionately desire India to be a successful model of democratic and market-led development. An important question then is whether the government of Narendra Modi, in office since May 2014, has made a decisive difference to India’s economic trajectory. The evidence is: not yet. But the reforms it has introduced might make a more noticeable difference in the years ahead.
印度現在很重要，將來還會更重要。印度是一個民主國家，其經濟發展迅速；而且它將很快成爲世界上人口最多的國家。西方人應該熱切希望印度成爲民主和市場主導型發展的成功模板。那麼重要問題是，2014年5月上臺的納倫德拉•莫迪(Narendra Modi)政府是否已經對印度的經濟軌跡產生了決定性的作用。證據顯示：還沒有。但是，該政府所推行的改革可能會在未來數年產生顯著影響。
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