"Because India's population will surpass that of China in 2030 or so, even as India's population will get gray at a slower rate than that of China, India may in relative terms have a brighter future. As inefficient as India's democratic system is, it does not face a fundamental problem of legitimacy like China's authoritarian system very well might."
lifeguard|12 years ago
STRATFOR:
"Because India's population will surpass that of China in 2030 or so, even as India's population will get gray at a slower rate than that of China, India may in relative terms have a brighter future. As inefficient as India's democratic system is, it does not face a fundamental problem of legitimacy like China's authoritarian system very well might."
-- R. Kaplan
http://www.stratfor.com/weekly/india-china-rivalry
chailatte|12 years ago
Brazil GDP: 2.5T (2012) Russia GDP: 2.1T (2012)
India GDP: 1.9T (2012)
India isn't even in the same league as China. India has to compete with Russia/Brazil. BRIC is an old grouping from years ago.
Having a huge population and being democratic doesn't automatically give you a bigger economy. Look at South Korea (1.3T) or Japan (6T) comparatively.
cscurmudgeon|12 years ago