Saturday, February 4, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





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2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.




Why India will overtake China – Part I

Shared by Shantanu Bhagwat (from his blog, global-themes), December 17, 2006

Starting with an intro to an IHT article by Thomas Freedman, who discusses the problems with and concequences of China’s inability – at least so far – to innovate; Shantanu flags up the comparative scenario in India, arguing that India has an edge thanks to its ’3D Advantage’…

China, India and the “3D Advantage”
Thomas L Friedman writing in yesterday’s NYT (“Tough Choices” or “Learning to Keep Learning” Pg 7, 13th/14th Dec ’06) about the many changes that China will need to make to get into the “rank of innovation-oriented countries by 2020″ had a very interesting comment to make:

“…I still believe it is very hard to produce a culture of innovation in a country that censors Google – which for me is a proxy for curtailing people’s ability to imagine and try anything they want,”

As Friedman goes on to say, “You can command K-12 education. But you can’t command innovation. Rigor and competence, without freedom, will only take China so far…”

And this is where India may have an edge with its vibrant democracy, a culture of “questioning” and its tradition of free thinking…all of which gets turbo-charged when coupled with our enormous diversity…

In the long-running discussion of India vs. China, India’s “3D Advantage” (Democracy, Demographics and Diversity) may well prove to be decisive.

Thanks for sharing this Shantanu!

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One Response to Why India will overtake China – Part I

  1. Bob says:

    How about spend the time you wrote that article to use your “culture of free thinking” to figure about how to provide electricity to the other half of your population.



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