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Old 08-03-2005, 04:21 AM
Twilight1978 Twilight1978 is offline
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Default Re: Is anyone impressed with India's economic growth?

Quote:
Originally Posted by W.E.B. Du Bois
You hit on it nicely in the latter part of your post. Their parliamentary demoracy is actually a weakness for them, since they are highly fragmented and cannot agree on making tough reforms. Also, the Indian government is extremely corrupt, more corrupt than even China!!!!
I don't know enough about the relative level of corruption in the Indian system - but at least it is in part measurable, quantifiable corruption. With a more open media and political scene, such things are more easily exposed and corrected. India's democracy is simultaneously its greatest strength and greatest weakness. As for which country has the higher levels of corruption, difficult to say - in India there is a lot of overlap between corruption and "bureaucratic tradition", in China there is the fuzzy line between true graft and the "guanxi" games that everyone plays.

Quote:
Originally Posted by W.E.B. Du Bois
Bingo. However, I would disagree with you malcharactacterization of China's reforms as it is basically contradicting itself. How can China's reforms be simultaneously effective at increasing employment, and prospertiy and have little regard for the economic losers? If this were true, there would be no state owned enterprises left, but there still are.
800 million Chinese peasants. Non-Han minorities. 20,000 dead coal miners each year. Hundreds of thousands of rural women driven into urban prostitution. Need I say more? Anyway, I'm not criticizing China's reforms from a purely pragmatic point of view - they've been quite effective, dramatically so in fact. I'm simply saying that their implementation has been utterly ruthless.
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