'India may have competitive edge over China'

[Prateek M]

Topic is about Indian and Chinese economy (2 fastest growing economies)

pakistani, please keep your pak economy away from this thread

 

[CardSharp]

A interesting graphs from the RAND report.

These are GDP growth estimates based on studies by 27 different organizations from international organization, academia and business.

Who grows faster is not really the point but rather the different views on growth by the different sectors. The business sector unanimously thinks that India will grow faster while international and academia seem to favour China being faster than India.

 

[kawaraj]

Pakistan's economy may grow slow, but it has no bubble, we respect you call center boom, or you can call it Office Outsourcing Center. But India has to respect the fact such as,

Every 2 and a half year, China can make a GDP India, that's a widening gap.

what make India a more conducive environment than China, Corruption? Insurgency? Weapon amass? or Soulless ProWest young people, taking about innovation? hardly possible.

 

[IndoCarib]

Last checked, India fares even lower than Pakistan in ease of doing business.

And after destroying American gainst like Microsoft, HP and Adobe with their dumb labour and outsourcing, i doubt anyone would trust Indian "technological" skills.

Uptil Adobe CS3 which was developed by American and European programmers, it supported a full range of languages including right to left ones..however since Indians have taken over Adobe, it is constantly losing a slack of features to the point that it has turned into a high-tech version of paint.

Adobe Forums: Using FW CS5 with right-to-left


Since HP has started large scale outsourcing to India, it has taken a serious nose dive..to the point that it has been disqualified from Saudi government purchases and now Dell has the exclusive deal..Micheal Dell came to KSA with full vigour to sign it.

HP CEO

Most of the Indian graduates are non-employable as per their own statistics and then is the problem of professionalism..what is indian ego all about??

What do you say about this??

India May Be the Ideal CEO Training Ground - TIME

 

[CardSharp]

Four growth scenarios based on the extremes of the range estimates and one average.

In the high India low China scenario, the RAND report says

Only in the scenario that posits the high-growth parameter for India and low-growth for China does India’s GDP in 2025 approach that of China.

The resultant 2025 GDPs from the 5 different scenarios.

 

[CardSharp]

Topic is about Indian and Chinese economy (2 fastest growing economies)pakistani, please keep your pak economy away from this thread

Look a fast growing economy is not some sort of prestigious club where from people can look down on other. Stop being so pretentious.

 

[CardSharp]

A bit of good news for China. It seems that private business funding input to research (blue section) is fast out stripping government funding input (red section). This is a sign of a thriving private R&D sector.

GERD is usually decomposed into four performing sectors: business (BERD), government (GOVERD), higher education (HERD), and private nonprofit (PNPERD).

 

[jdme]

Pakistan's economy may grow slow, but it has no bubble, we respect you call center boom, or you can call it Office Outsourcing Center. But India has to respect the fact such as,

Every 2 and a half year, China can make a GDP India, that's a widening gap.

what make India a more conducive environment than China, Corruption? Insurgency? Weapon amass? or Soulless ProWest young people, taking about innovation? hardly possible.

I seriously wonder what Chinese see in Pakistan. Case in point being this post.

 

[jdme]

A interesting graphs from the RAND report.

These are GDP growth estimates based on studies by 27 different organizations from international organization, academia and business.

Who grows faster is not really the point but rather the different views on growth by the different sectors. The business sector unanimously thinks that India will grow faster while international and academia seem to favour China being faster than India.

India and China clearly took different approach to growth. Investment in primary education, infrastructure along with slowing population gave China major economic boost. India half heartily opened it's economy with 1930s labor laws, too much regulation and much more focus on service economy. Things might just turn around, as the report says. We will just have to wait and watch.

 

[CardSharp]

Human Resources

The availability of skilled human resources in S&T is a measure of a country’s ability to innovate, sustain, and create high-technology jobs. Highly skilled people create and diffuse innovation and are as important as capital inputs.

Graph measuring the growth of "skilled human resources" Blue versus overall growth of jobs.

 

[jdme]

The resultant 2025 GDPs from the 5 different scenarios.

No. 2 is most likely but you never know.

 

[CardSharp]

India and China clearly took different approach to growth. Investment in primary education, infrastructure along with slowing population gave China major economic boost. India half heartily opened it's economy with 1930s labor laws, too much regulation and much more focus on service economy. Things might just turn around, as the report says. We will just have to wait and watch.

That wasn't really my point. I was more interested by the different outlook by the business orientated studies versus the academic and international studies.

Studies done by business is more optimistic about India than China, the academics the other way around.

No. 2 is most likely but you never know.

Well of course, the other scenarios are based on the extremes of GDP range estimates.

 

[jdme]

That wasn't really my point. I was more interested by the different outlook by the business orientated studies versus the academic and international studies.

Studies done by business is more optimistic about India than China, the academics the other way around.

That probably is based on centralized development vs. free enterprise approach.

 

[CardSharp]

Rate of growth of Scientific publications and references

This is not total number of paper, but rate of growth per year of the number of publications. The US still leads in number of total, though has been near zero growth.

 

[CardSharp]

The report also has a long section on the demographics of China and India + the challenges posed to both.

China's depedency ratio is lower than India's and will continue to be lower until 2030. This directly refutes claims by people saying that India's demographics are an immediate advantage. It's not.

And the India's dependency ratio is partly high because high number of children is bad for dependency ratios.

It concludes by saying

The bottom-line answer to the “Who is ahead?” question as it relates to demography is evidently in India’s favor. However, whether India’s several demographic advantages—increasing numbers, younger age cohorts, declining dependency ratios will be a dividend or drag on future economic growth will depend on the extent to which productive employment opportunities emerge from an open, competitive, innovative, and entrepreneurial Indian economy. Conversely, whether China’s several demographic disadvantages—rapidly aging population, rising dependency ratios, rising health costs for the elderly, sharp gender imbalances—will be a drag or a dividend will depend on the extent to which these demographic circumstances provide a stimulus to improving technology and to raising the skill and productivity of a shrinking labor force.