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Originally posted by felix292 at 2010-7-4 22:28
Overall the development of China is more balanced then that of India. It is building a strong foundation that is encouraging the bettering of all Chinese from poorly educated to the highly educated. India's economic development is rather top heavy, with only those with higher levels of education getting any benifit. Given the caste system in India, I doubt that will change much over the next 20 years
Oh.. You cannot be serious. Who told you that China is more stable than India. People use Gini index to measure the inequality in distribution of wealth. Gini index for india is 36.8 where as it is 47.0 for china. Lower the number less it is in inequality.
India is developing because of its private sector which leads more stable and overall development of the country in the long run. While the china is developing with their state owned bodies heavily orchestrating the growth.
Private sector growth leads to competition. Hence innovative and cheap products. Even, USA, Japan, SK, UK and every other developed country followed private sector model. They're all successful countries, all democracies.
In the history of civilization, no autocratic country became highly developed. I truly wish china could be the first.
PS: I don't think India's caste system will last for another 10 years. I know this because India is very young country and generations change quickly in India. In my grandfather's time, they couldn't even think of intercaste marriages, my father's time things changed there were intercaste marriages. In my time, I don't even care. Any residue left in my generation, will be wiped out in the next generation. I am 27 by the way.
People seems to think caste is impediment to India's development. Don't get me wrong,it is an impediment as it divides people. But outsiders, read too much into it and attributes too much to it and overhype it.
[ Last edited by eamanis at 2010-7-5 05:28 AM ]