Growth pangs

Growth pangs

India’s GDP forecast of 6.5 per cent is an impressive number but sadly not enough

The most remarkable achievement in terms of economic progress of the past quarter-century has been China. The People’s Republic of China cast of years of Mao’s idiosyncratic policies and opened up. As a result of this, not only has China become a global economic powerhouse, but it has successfully managed to raise hundreds of millions of people out of poverty and deprivation. One could argue that Chinese economic growth is not equitable, much of the profit has been taken by those who know the […]

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