外文标题：Is India the new China?
The pace at which the Indian economy is growing is nothing but mind boggling. Many North American companies have their developers and call centres in India. Most top brands are now made in India. They are the first Asian country to go on Mars Mission. What is next for them?
Tom WillsTom Wills
No. India's the new India.
India is not developing a mass middle class, an industrial base, or a unified central government fast enough.
China is utterly unique in current world history. A long established power, probably the oldest continual civilisation on earth, it is re-emerging after a few hundred years of problems. It has a long history of manufacture and trade, and for centuries was the economic centre of the world and a strong independent power, and that is coming back.
India is a piece of the Raj, and entity created by the British made up of disparate pieces. India spent about 1,000 years ruled by outsiders, it has a long way to go before it developed to the level of China. It also lacks strong authority to topple problems, it is utterly corrupt, there is really no accountability anywhere and the vast majority of people are getting nothing from the development, if anything they are made poorer.
How the hell did you come up with this question?
India is not the new China. And India shouldn't try to be China. China's economic growth has picked up pace by virtue of it's manufacturing sector. But as visionaries like Raghuram Rajan warned, a similar model might not suit India. Inspite of the rapid economic growth, India should stick to a realistic development model. It should neither be compared to China, nor should it try to imitate the later.
Miles to go, especially in building infrastructure and executing public projects.
Corruption is a show-stopper in India.
And yes, the comparison is pointless. The development-path of the two countries is rather different.
its religion, culture, tradition, illiteracy, corruption, beaucracy, bad goverance, terrible infrastructure, poor sanitation, blabla, too much hindrance