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2005-10-28 Afghanistan-Pak-India

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Posted by Phavimp Fleremble4870 2005-10-28 10:14|| || Front Page|| [1 views since 2007-05-07] Top

#1 I'm not completely up on economics, but even I see some problems with this guy's interpretations:

"India's much-vaunted hi-tech sector accounts for less than one quarter of one percent of the country's labor force."
Yes, but what percent of India's GDP do they account for?

"... while poverty reduction continues to slow."
Implies poverty reduction still continues, despite India's high birth rate.

While I agree that India and China are still not ready for first-world status, Bardhan clearly sees things through a Marxist lens.

Posted by Xbalanke 2005-10-28 15:37|| 2005-10-28 15:37|| Front Page Top

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