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India’s Economy 16.5 Years Behind China’s: Bernstein Research Report
- hunglee2 3y agoInteresting exercise but comparing parameters in a dynamically changing environment can be misleading. India will find it's own path to economic development, harnessing its unique civilisation characteristics. There was one key point though - the number of jobs that can be created, if the era of globalisation is over and with automation / AI reducing the value of high volume low skilled manual labour, the East Asia model is likely no longer available