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As a big fan of India, I've been waiting and hoping for them to leapfrog China. But I realized it's not happening, because for some reason they don't seem so h
by rsj_hn 5y ago
As a big fan of India, I've been waiting and hoping for them to leapfrog China.
But I realized it's not happening, because for some reason they don't seem so have the same state capacity to act. It's a bunch of individuals, thousands of little groups suspicious of each other, struggling to provide even basic infrastructure in their largest cities. And constant brain drain to the West.
I really wish India well, and hope one day they will overcome this. A democratic, friendly, yet independent minded counterweight to China would be very nice, and the Indians deserve effective governance.
- newyankee 5y agoYou are underestimating the scale at which infrastructure is being built in India. The bureaucracy, at least at the higher levels is much faster. Having said that, I do not believe we will leapfrog but maintain consistent growth rate. China is almost 6x our economy. I hope we reach at least a third to half their GDP in 25 years given that our populations are quite similar.
- rsj_hn 5y ago> You are underestimating the scale at which infrastructure is being built in India. The bureaucracy, at least at the higher levels is much faster. That is good news. Do you attribute this to Modi or something else? Do you think it has been institutionalized to last after the current administration leaves?