In his career as one of India's leading journalists and entrepreneurs, Raghav Bahl has often faced this question, and many others, from bewildered visitors:
* Why are Indian regulations so weak and confusing?
* Why is your foreign investment policy so restrictive?
* How come your hotels are world class, but the roads leading to them are so potholed?
* Why don't you lower your voice when you make fun of your politicians?
* Why do you control the price of oil and cable TV?
Clearly there's a huge difference in how India and its arch-rival China work on the ground. China is spectacularly effective in building infrastructure and is now reinvesting almost half its GDP. Meanwhile, India is still a "promising" economy: more than half its GDP is consumed by its billion-plus people, yet India has some unique advantages: Half its population is under twenty-five, giving it a strong demographic edge; 350 million Indians understand English, making it the largest English-speaking country in the world; and it's the world's largest democracy.
In the race to superpower status, who is more likely to win: China's hare or India's tortoise? Bahl argues that the winner might not be determined by who is investing more and growing faster today but by something more intangible: who has superior innovative skills and more entrepreneurial savvy.
With insights into the two countries' histories, politics, economies and cultures, this well-written, fully documented, comprehensive account of the race to become the next global superpower is a must for anyone looking to understand China, India and the future of the world economy.
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Creators
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Publisher
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Release date
January 31, 2011 -
Formats
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OverDrive Listen audiobook
- ISBN: 9781469028187
- File size: 321155 KB
- Duration: 11:09:04
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Languages
- English
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