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check out BRIC http://en.wikipedia.org/wiki/BRIC http://en.wikipedia.org/wiki/BRIC STRATFOR: "Because India's population will surpass that of China in 2030 o
by lifeguard 13y ago
check out BRIC http://en.wikipedia.org/wiki/BRIC http://en.wikipedia.org/wiki/BRIC
STRATFOR:
"Because India's population will surpass that of China in 2030 or so, even as India's population will get gray at a slower rate than that of China, India may in relative terms have a brighter future. As inefficient as India's democratic system is, it does not face a fundamental problem of legitimacy like China's authoritarian system very well might."
-- R. Kaplan
http://www.stratfor.com/weekly/india-china-rivalry http://www.stratfor.com/weekly/india-china-rivalry
- chailatte 13y agoChina GDP: 8.3T (2012) Brazil GDP: 2.5T (2012) Russia GDP: 2.1T (2012) India GDP: 1.9T (2012) India isn't even in the same league as China. India has to compete with Russia/Brazil. BRIC is an old grouping from years ago. Having a huge population and being democratic doesn't automatically give you a bigger economy. Look at South Korea (1.3T) or Japan (6T) comparatively.
- lifeguard 13y agoChina will follow a similar path as the USSR. Dynamic efficiency is not very good in state managed economies. Also, read the CIA world fact book pages for China/India.
- Volpe 13y agowith 8.3T GDP... are you serious? Could you describe the scenario where China has an economic collapse? If such a scenario were to happen... it'd would be pretty catastrophic the world over. GIven how tied the US and China's economies are tied, I don't think the US would allow a USSR style collapse... :\