Tuesday, May 31, 2005

Why India will rule the world ?

OK. Here is another economist arguing for India.

It is always interesting to see the underlying assumptions and risks that could make the projections off target.

The Risks

However, Dr William T Wilson warns that India's smart rise towards the position of an economic powerhouse could be marred by the following events:

Armed conflicts: With Pakistan or other neighbours.

Energy sources

1. India lacks adequate domestic energy sources and finding foreign energy sources to satisfy demand will not be easy.

2. India's oil import share will rise from 60% to 80% by the year 2030.

3. Government spending and fiscal deficits

4. Government continues to find it impossible to control its own spending.

5. Combined deficits of central and state governments are at 10% of GDP.

AIDS

India currently has the second highest number of AIDS cases after South Africa.

2 comments:

Crazy Dan said...

Hi Anand Swamin han, I found your post this post while doing some research on strategic planning software. I like your blog, thank you for sharing the information and keep up the good work!. I really found some useful info!
I'll be back to see if you have any posts about strategic planning software. Bye

Crazy Dan said...

Hi Anand Swamin han, I found your post this post while doing some research on strategic planning software. I like your blog, thank you for sharing the information and keep up the good work!. I really found some useful info!
I'll be back to see if you have any posts about strategic planning software. Bye