India Will Never Be Like China - Here's Why

AltSimplified
AltSimplified
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1
Published 2024-07-20
If India's manufacturing sector grew at 8% compounded for the next 30 years and China's stayed the same, India's still would not be as big. That alone reflects the scale of the challenge India faces.

India's economic rise leads to honest questions about how it fell behind China in the first place. It's strange relationship with the Soviet Union, colonial legacy, manufacturing challenges and past policies have all played a role.

India's demographic dividend is more time sensitive than most people think. Yes, it has advantages but the window and manner to capitalise upon them is
not permanent or straight forward.

#india #economy #indiaeconomy #china

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All Comments (7)
  • @yc4451
    India is an example that "democracy" doesn't guarantee social justice, productivity, or stability.
  • @OK-jn4wn
    Deleting comments over here. Where is the lie when I say they need to fix their sanitation first?
  • @aijoy923
    education, infrastructure, anti corruption and government policy are the key
  • @mijmijrm
    only China can be China. China, the Nation, is what emerges from the society in China. India doesn't have China's society. Simply having population and money isn't what makes an economy. We're used to thinking of economics as if it's a technical subject like electrical engineering or physics. It's not. The economy is what emerges from society. So, how society organises itself and its values, etc are what determine the economics. India will be the next India.