The recent controversy in India over a plan to allow multinational retail chains mount joint ventures with local firms highlights the country’s reification of agricultural village life -- a primary reason why India lags behind fellow economic risers Brazil and China. If India is going to capitalize on its demographic dividend, it will have to embrace urbanization and industrialization with far more gusto.
Language
English
Pages
7
Format
Kindle Edition
Release
December 11, 2011
India's Pastoral Ideal an Obstacle to Globalized Future (The New Rules, by Thomas P.M. Barnett)
The recent controversy in India over a plan to allow multinational retail chains mount joint ventures with local firms highlights the country’s reification of agricultural village life -- a primary reason why India lags behind fellow economic risers Brazil and China. If India is going to capitalize on its demographic dividend, it will have to embrace urbanization and industrialization with far more gusto.