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C0ckney
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Big Up The Macedonian Massive
Apr 2000 time: 05:29
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yes i'm sure you can be a few pennies better off in china than india, if you aren't unthinking enough to want to have more than 1 child, aren't silly enough to publically disagree with the government, aren't selfish enough to want to look at information the government considers 'unsuitable' and don't have the audacity to belong to an unfavoured minority group...
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Ecthy
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Zhonghuà Rénmín Gònghéguó
Mar 2000 time: 06:29
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Kid, why not call it a mess that thinks it's a democracy. As said above, the right to vote doesn't make for one.
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C0ckney
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Big Up The Macedonian Massive
Apr 2000 time: 05:29
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i did read the article, which also states that china cooks its books as a matter of course...
like i said you might be a few pennies better off in china but the price you pay is terms of freedom and basic human rights is far higher.
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Lord Merciless
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India's caste system is probably far more oppressive on the individuals than the Chinese government.
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Ecthy
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Zhonghuà Rénmín Gònghéguó
Mar 2000 time: 06:29
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I don't know about freedom and human rights for the members of the lower castes in India...
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DanS
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Kickball Capital of the World
Jan 1970 time: 00:29
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India's problem isn't democracy, as such. Rather, it's the policies that the democracy has brought about. Democracies carry out the will of the people, more or less.
The will of the Indian people has for decades been for a statist and planned economy. Just look at their tarrifs for evidence. But this is changing slowly. It won't be a one-way street to open markets and there will be setbacks. They are planning on privatizing several industries in the next couple of years, so there's hope.
Where India overcomes these obstacles, and has a clear competitive advantage�as in software and other information-technology services�it can be a huge success.
This is the important thing to keep in mind. If India can overcome these obstacles, remove these obstacles, and cease to put up more obstacles to itself, it should be quite successful.
I'm very sanguine, if India can keep its eye on the ball. They put out some very sharp people--light years ahead of China (and often ahead of the people the US puts out). The US poaches a small portion of these every year, but it doesn't seem like there's a shortage afterward.
Last edited by DanS on 21-06-2003 at 23:59
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Dr Strangelove
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I think you also have to take into consideration that China has more resources than India. While both lack oil China has greater reserves of coal, iron and alloy minerals. Also important is the geographic position. China has naturally easier access to Japan, whose industries use her cheap labor and to the US, the most importing country in the world. India is farily distant from Japan and the US. India's closer to Europe, but evidently doesn't derive much benefit from this.
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Dr Strangelove
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What troubles me about India is that there is a growing movement to remove (Mahatma) Ghandi's birthday from the calender as a national holiday, and replace it with that of Bose, the nationalist leader who fled British prison and took asylum in Nazi Germany. He eventually went to Japan and formed the Indian National Army, a relatively small unit which fought alongside the Japanese in Burma and Assam. As the Japanese Army in the area crumbled he retreated to Vietnam, where he went missing. It is presumed that some of Ho Chi Minh's boys executed him, or shot down a plane he might have been taking to Japan.
I've had heated arguements with Indians that I know about this. Many feel that Ghandi's nonviolent resistance tactics didn't really matter in the long run and that by accepting compromise with the British and Pakistanis Ghandi betrayed the nation. They claim that Bose personally repudiated the philosophy of the German and Japanese fascists. When you point out how the Japanese used then brutally shoved aside similar movements in China, the Phillipines and Indonesia in order to pillage their conquered territories the argument falls on deaf ears. It's really weird, when no other Asian outsdide of Japan has anything good to say about the Japanese "Co-Prosperity Sphere" to find Inidans defending it.
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Kidicious
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Diety of Kidiverse
Mar 2003 time: 21:29
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quote: In the late 1970s the government began to reduce state control of the economy, making slow progress toward this goal. By 1991, however, the government still regulated or ran many industries, including mining and quarrying, banking and insurance, transportation and communications, and manufacturing and construction. Economic growth improved during this period, at least partially as a result of development projects funded by foreign loans.
A financial crisis in 1991 stimulated India to institute major economic reforms. After the Persian Gulf conflict of 1990 to 1991 caused a sharp rise in oil prices, India faced a serious balance of payments problem (its foreign expenditures exceeded its foreign income). To obtain emergency loans from international economic organizations, India agreed to adopt reforms aimed at liberalizing its economy. These economic reforms removed many government regulations on investment, including foreign investment, and eliminated a quota and tariff system that had kept trade at a low level. Also, reform deregulated many industries and privatized many public enterprises. These reforms continued through the mid-1990s, although at a slower rate because of political changes in India’s government. In 1993 India permitted Indian-owned private banks to be established along with a minority of foreign banks.
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Encarta
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Ecthy
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Zhonghuà Rénmín Gònghéguó
Mar 2000 time: 06:29
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Blaming central planning wuld be shooting own foot since they compare India to China, which, despite central planning, is far ahead the former.
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