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Seeing the elephant

Economics | South Asia

 

“Seeing the elephant” is a 19th century American saying, meaning the gaining of world experience at a significant cost. It originated from travelling circuses, where curious people would pay exorbitant sums to literally, see the elephant.
Today there is an altogether different sort of elephant, one for which the cost is incurred when it is not seen. The identity of this pachyderm is, of course, India.

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