Economics Explained

Why India Is Stuck Between Poverty and Superpower

Apr 29, 2024 · 15 min
0:00-15:53

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For decades now economists have been predicting that India would become an economic superpower, and in part, it has. India's workforce is younger than China's and wages are lower meaning they have been well placed to take low ticket manufacturing jobs from China. But could we expect to see India's economy grow and possibly even surpass China in the next decade?

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