Saturday, September 02, 2023

Why India, unlike China, won’t be an economic superpower. Really!

What a joke by a leftist professor from Princeton University! His first name is even Ashoka!

This fool rests his argument on female workforce participation and the lack of empowerment of women in India. He glorifies communist China, because Chinese women enjoy more gender equality [this is more appearance than reality].

The claims by this author are so ridiculous I don't have to bother to counter them!

"... Rather than tax cuts or economic liberalisation, the World Bank report focused on a historical fact recently emphasised by Brown University economist Oded Galor. Since the dawn of the Industrial Revolution, every instance of economic progress—the crux of which is sustained productivity growth—has been associated with investments in human capital and higher female workforce participation. ...
To be sure, market liberalisation greatly helped Chinese and Indian growth. But China built its successful development strategy on the twin pillars of human capital and gender equality, areas in which India has lagged far behind. ..."

Why India, unlike China, won’t be an economic superpower | The Strategist


The joker is also the author of this book



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