4 ms·
India is currently undergoing the inflection point of development. There's a _lot_ of very poor people in India, vastly more so than in a "fully developed" nat
by scratcheee 5y ago
India is currently undergoing the inflection point of development.
There's a _lot_ of very poor people in India, vastly more so than in a "fully developed" nation.
But at the same time, India's recent economic growth is enormous, giving a far larger percentage of the population opportunities they've never had before.
But there's enormous competition for those opportunities.
So basically it's the right moment (more like "right half century") for India to have this problem, there's so much opportunity but also so much competition, that each small step forwards academically can mean a jumping a generation ahead of the curve on economic growth.
To put it another way, you can model economic development by chucking a lump of meat to a school of starving piranhas.
- nsonha 5y agoaren't China and SEA in the same position? Either they have the same fake degree problem as India, or something else is at play here.