oct 3rd, 2011 CE
pretty bad, indeed. http://www.economist.com/blogs/dailychart/2011/10/comparing-india-and-china?fsrc=nlw|newe|10-3-2011|new_on_the_economist
india is really far behind in social indicators. note especially the large indicators such as infant mortality and life expectancy -- these are heavily influenced by the impact on the masses.
there was also a very good TED video by yasheng huang of MIT about why china is ahead -- that is because of better social indicators. http://www.ted.com/talks/yasheng_huang.html
note how the one thing on which india is close to china is in the number of cars/10,000 pop.
what this means is that a) the middle classes have been able to steal all the investment money to their advantage, b) the really poor are still doing very badly.
this is a damning indictment of congress rule.
in other words, india is doomed. thanks, congress and dynasty.
1 comment:
Economic growth is not linear, but could be exponential like scientific growth. Therefore, the "36 years" is not reallyu meaningful. Perhaps a better measure would be in terms of generations.
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