How India can beat China
The two Asian giants have very different models of specialization. While China has focused on labour-intensive production in advanced as well as traditional sectors, India, despite being dogged by infrastructural delays, has benefited from its investment in tertiary education and could hence become, without problems, back office to the world. However, it is important that India continues its path of reforms.
The two Asian giants have very different models of specialization. While China has focused on labour-intensive production in advanced as well as traditional sectors, India, despite being dogged by infrastructural delays, has benefited from its investment in tertiary education and could hence become, without problems, back office to the world. However, it is important that India continues its path of reforms.
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