Emerging Economies, communications homework help
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The Spotlight on Emerging Economies: China vs. India video contrasts the China with India in terms of economic development. Despite being plagued by poverty, unstable government regulations, and inferior infrastructure, India has risen to be racing with China in their economic growth rate. Particularly, in the recent report, the World Bank expects that India will surpass China to become the fastest growing economy in the coming years (Bellman, 2015). Both countries have experienced substantial regulatory reforms, which unleash the great potential of economic power residing in the large populations. Yet, China and India have very different political systems. Do you agree that India is going to outperform China and becomes the fastest growing economy? Why or why not?