Monday, October 04, 2010

this is a startling graph

oct 4th, 2010

comparing india's and china's export performance after their liberalization.

if in fact india is mapping china so closely, then it means china is -- as tarun khanna said years ago -- far more profligate with its spending than india is. of course this is only on export performance (although india one would expect to be doing much worse than china). i wonder how similar graphs for a) number of illiterates, b) amount of oil wasted through poor infrastrucuture c) number of world-class universities would look. surely china has a much better track record.

the economist has decided to suck up to india (or more precisely the nehru dynasty); hence this laudatory article.

them limeys are selling the only thing they have that anybody wants -- their plummy accents. 

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