Is India ready for superpower status or too far behind China to ever catch up?
Clearly there’s a huge difference in how India and its arch-rival China work on the ground. China is spectacularly effective in building infrastructure and is now reinvesting almost half its GDP. Meanwhile India is still a “promising” economy: more than half its GDP is consumed by its billion-plus people, yet India has some unique advantages: half its population is under twenty-five, giving it a strong demographic edge; 350 million Indians understand English, making it the largest English-speaking country in the world; and it’s the world’s largest democracy.
In the race to superpower status, who is more likely to win: China’s hare or India’s tortoise? Bahl argues that the winner might not be determined by who is investing more and growing faster today but by something more intangible: who has superior innovative skills and more entrepreneurial savvy.
With insights into the two countries’ histories, politics, economies and cultures, this well-written, fully documented, comprehensive account of the race to become the next global superpower is a must for anyone looking to understand China, India, and the future of the world economy. Download and start listening now!