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>BTW I am Indian and we are not even in the race as country Why are you surprised? India was on a per capita basis poorer than sub-Saharan Africa until 2004.
by dtquad 2y ago
>BTW I am Indian and we are not even in the race as country
Why are you surprised?
India was on a per capita basis poorer than sub-Saharan Africa until 2004.
The only reason India is no longer poorer than Africa is because the West (the IMF and World Bank) forced India to do structural reforms in 1991 that stopped the downward trajectory of the Indian economy since its 1947 independence.
- aurareturn 2y agoThe only reason India is no longer poorer than Africa is because the West (the IMF and World Bank) forced India to do structural reforms in 1991 that stopped the downward trajectory of the Indian economy since its 1947 independence. India had the world's largest GDP at some point in its history. Why did India lose its status?