Friday, June 10, 2011

Modern Indian Growth: In Spite of Government - Not Because of Government

Great article from The New York Times. I am not going to quote parts of the article. Instead read it directly:

http://www.nytimes.com/2011/06/09/world/asia/09gurgaon.html

The bottom line: India is growing quickly but in a very sporadic fashion. The pattern resemble islands of growth instead of a steady advance b/c of the notorious Indian government red tape.
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