Wednesday, August 31, 2005

Rise of India and China

I always read in papers as how India and China are affecting the global economies. They have grown indeed from a mere third world countries to the most influential countries of 21st century. But how has this turn around come by, is it because of the economic policies that the government introduced or is it because of the foundations of our forefathers that we are able to reap the benefits or because of the IT revolution that changed the face of India in a span of decade. Of course I do believe all these and more have helped these countries see their economies boom and all these years people believed that population was hindering them. But I believe population explosion has also contributed a major part in the rising. because of so much population there is so much demand everywhere for education, for jobs, for infrastructure, for social services. The demands and the stiff competition domestically made the people look out for the opportunites abroad which resulted in each and every person becoming an ambassador of our country. The primary responsibility of an ambassador is to make good relations with host and help rake in foreign investments. And also with Indians and Chinese all over the world their patriotism towards their country is helping.

Because of the desire of green pastures thousands and thousands of students and working people are thronging USA, UK and thereby to help the people the govt here has made education easy to achieve( more number of engineering and medical and MBA colleges) which has produced more number of graduates which has automatically contributed towards the growth of the country. Today most of the international airline industry is surviving only because of Indians and Chinese. There are imports into USA,UK from India and China to meet the demands of Indian and Chinese nationals here, and also there are exports, thus import and export industries are doing good. Because of our people all over the world each and every country recognizes our importance since we help their economy and inturn get certain benefits. It is like win win situation.

If we did not have so many graduates and professionals, we could not have exported our services and thus would not have got international recognition. Take the example of Brazil, though it is becoming a powerful economy and the most important one from South America it stills lacks the recognition that India and China enjoy today.

All these years CEOs of the developed nations marketed their products , their services that helped them improve their economies but the Indians and the Chinese marketed their people, their culture which I think is more important for a country's growth. Just as a student tries to make himself marketable while he is searching for a job, India and China have made their people suitable to markets across the globe.

So I guess population is a blessing in disguise.

2 Comments:

At 1:28 PM, Blogger nag said...

a good sembelance pointed out regarding the population explosion, but am not sure if the poulation growth played indeed a key role in these countrys' growth.

 
At 4:05 PM, Blogger vikuba said...

I agree that population build up was not the factor but it is just to make notice of one of the factors that in some distinct and small way helped our economy.

 

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