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HomeShop at BookSurgeJuvenile FictionScience Fiction, Fantasy, MagicInvesting In India's Emerging Resilience |
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The 21st Century belongs to Asia ... and India Dec 04, 2009
By Bernard Lapointe Dr. Sivakumar has argued for many years that India is a long-term secular growth story and that fundamental changes taking place at the corporate level will sustainably raise productivity and national income.
This book argues, through a systematic quantitative approach, that the economic liberalization which began in 1991 was the starting point of the current economic success of the world's second most populous nation. The key seems that India, after decades of croony socialism, put the private sector at the centre of the decision process, therefore allowing market forces a larger role in the decision making process.
Dr. Sivakumar is one of the first to study and write in details about the growing economic links between India and China. The world's two most populous nations have been at odds for decades over border issues, Tibet, nuclear arms and so on. Here he shows that China's rapid development since the mid-1980s has been a boost for India. Trade relations have developed while cross-border investment is on the rise. Indeed, India's exports to China are growing at around 50% per annum.
From an investor's perspective this book offers a 'top-down/ bottom-up' view of India.
The country's large domestic market coupled with its increasingly closer ties to its richer neighbour create a fabulous growth story.
The book provides plenty of data, charts and discussions that should enable readers to obtain a better understanding of India and what is likely to happen in the coming decades.
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