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by debrangy 3978 days ago
India may not be the best example, considering there have been several organizations that have rated it more corrupt than China. Furthermore, while they both started in similar economic positions, China has pretty much left India in the dust at the moment in many metrics.
1 comments

I'm not saying these are perfect solutions but they are doable. Also comparing India to China, economically, is a bit tough. China wasn't occupied by the British Empire for 100 plus years. The history of colonialism can't be dismissed overnight. Ironically, India's many communist parties and communist-influenced legislation is still hurting it, notable the law that companies larger than x size are more or less nationally controlled in a de facto sense - for example it is illegal to fire anyone, you actually need to ask the government to fire them which involves trials and years of work. Companies in India try to stay under that size, thus a lack of proper economic growth due to lack of scale. The new guy in charge is up for liberalization, so lets see how that works out.