China Trade Gap a Measure of Indian Failure
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  • goodonyaa

    The larger the country, the more unwieldy it is to effect positive change. I have to chuckle when the leftists claim we need to become more like Europe, and point to the seeming ruthless efficiencies of Finnish or Swedish , Swiss this or that, or Dutch yada yada. It’s just not possible to replicate the practices of small, relatively homogenous nations to enormous polygot behomths like India. To maintain some semblence of affluence and social cohesion throughout the geographical enormity and hundreds of millions of people in the United States is no picnic, but don’t tell that to the top-down statist daydreamers.

    The secret is to effect change on the local level, and have it spread outward as other regions review it and and gradually buy in.

  • John Barker

    If one visited India a thousand years ago would there not be striking similarities? Can ancient cultures really change without experiencing some widespread catastrophe like the bubonic plague or total war?

  • Anthony

    In line with your Quick Take, India’s Gini coefficient (for urban areas) has suddenly trended upwards after declining since 2005; the sub-continent is huge and both Congress Party and BJP must remain cognizant of local conditions (even as they raise their game).

  • Jacksonian Libertarian

    While India desperately needs foreign capital and technology, they have put blocks of red tape and corruption in the way of development of any kind.

  • Nathan

    When Professor Mead points out that India would be better off ensuring that their nation could compete effectively with the rest of the world rather than complaining about Chinese protectionism, I can’t help but feel that I’d like the USA to do the same thing.

    We CAN beat them and their cheap labor, and we can do it without guttering our wages.

  • Mick The Reactionary


    “We CAN beat them and their cheap labor, and we can do it without guttering our wages.”

    Nathan for President!

    Mind sharing your brilliant plan how to do it?

    Hopefully your plan does not violate fundamental laws of economics.

  • Michael Goodfellow

    From what I’m reading, the next big change is much better automation. I don’t think these pure “eye-hand coordination” factory jobs are going to last. 20 years from now, it’s all going to be done by robots.

    Which means that China is the last country to get rich working in factories for export. India missed its chance.

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