A really interesting article (1997). http://articles.latimes.com/1997/aug/10/news/mn-21296 Article discusses how both countries have developed in the past 50 years, discusses literacy rates, poverty, age expectency, development of infrastructure etc.
Its not that cut and dried. Kerala and Bengal both have Marxist goverments. But while Kerala has also done well like China, Bengal hasn't.
India was doing better than China for a while, despite starting in worse shape - they had serious religious conflict, for example; borderline civil war. India actually split up. Things started to go south for India when the multinationals and the international finance moved in. China kept them out - walled them off in Hong Kong and the like.
Sure, there's no one single answer, but the biggest culprit is Indian over-protectionism. They make you set up puppet companies that partner with native firms, they restrict investment and require a certain percentage of native corporations to be owned by Indians. When you're looking to grow, this is bad for investment. That said, however, India ain't been doing too shabby the past two decades. ~String
China was far more protectionist and restricted. So was Japan, Taiwan, Singapore, etc. So was the US, for that matter, when it was getting started.
Good Heavens, String! Surely you can't be serious with that statement?! I forget the exact numbers, but some 60% of Indians are living well below poverty level ....even by Indian standards, which is damned poor! The education levels are that of nations of the Stone Age! I think over 50% of the population has no potable water supply. Available medical care is so bad that to say that it sucks giant donkey dick is giving it a passing grade! And over 50% don't have electricity on anything like a normal level. India has one of the highest incidents of human rights violations of nations of the world. Accepted government bribery is normal happening in India. Government corruption is so corrupt that even Indians overlook it in favor of more "horrid" corruption! India ain't doing too shabby?? String, please rethink that a little, okay? Baron Max
I believe he was speaking in relative terms. While it's true that India is generally a poor shithole, it is much less of one these days thanks to the incredible growth there. And if you pay attention to the news, you will note it was one of the nation's singled out in an intelligence estimate of rising powers for 2025. The other two were Turkey and China.
Counte is correct. I'm speaking in relative terms. The Indian economy has grown by no less than 7% a year for the last fifteen years. That's a huge amount. It has also been able to count on about fifty billion dollars in foreign investment, annually, over that period. This investment has fueled one of the fastest growing technology sectors, "call center" sectors, textile and bio R&D sectors in the world. India is still a shithole, but it won't be within the next century and will pass the USA somewhere around the year 2050. You may laugh, but fifty years is a blink of the eye. There was a time when the vast majority of Europe was impoverished and equally corrupt, but it still conquered the world. ~String
Turkey. [snort] Yeah. Sure. Please Register or Log in to view the hidden image! It's not like any of us would be foolish enough to--say--study that language or anything. ~String
Ooh. I'm so impressed. Now, let me know when more than 60 million people speak it in more than one [second world, I'll have you] country and I'll hang a gold medal on your chest. Please Register or Log in to view the hidden image! ~String
You're right. I forgot about the blitzkrieging armies of Azerbaijan and the bloodthirsty Uzbeks. ~String
No, they speak Turkmen, which is pretty close to Turkish. I'm told Turks and Turkmen can understand each other.
Here's that article I mentioned. . . http://www.reuters.com/article/usDollarRpt/idUSN2041155720081120
*ahem* Excuse my ignorance, but China is a communist and oppressive regime isnt it? I have heard stories from lots of my Chinese friends, people disappear for dissenting against govt. I don't know if its true or not. But democracy always has a slow but sure path. I know all yada yada about extremism etc. Those things have happened in all countries which are now developed, I only need to see: 1.) Strong and precise Laws 2.) Revised constitution in India 3.) Infrastructure investments. China beats India? I don't care honestly, I care about whether India makes it through. I wanna see the same kind of things that i see in US. I wanna see the same kind of laws and the order, the security etc. Rick
Only if Indians rather than providing Business Processes to American companies - start doing the same things for Indian Comapnies. My understanding is that while the knowledge is found next door, the Indian companies are in dark ages. Productivity of a society is all about Process and Business Automation as well as Continuous Improvement in personal and professional life. Indians lie when they say they have a certificate in CMMI Level 5!
Its a mixed bag; There are companies that are waay bigger than India can take in. They are actually bigger by US standards ... 1.) Tata 2.) Reliance Corp 3.) INFOSYS to name a few. Rick
