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Will India reach its potential?
Posted By Carl Bildt on January 10, 2023 @ 06:00
Article printed from The Strategist: https://www.aspistrategist.org.au
URL to article: https://www.aspistrategist.org.au/will-india-reach-its-potential/
[1] overtake: https://www.bbc.com/news/world-asia-india-63957562
[2] already passed: https://asia.nikkei.com/Spotlight/The-age-of-Great-China/China-s-aging-population-leads-to-predictions-of-17-year-supremacy
[3] abandoning: https://www.nytimes.com/1992/03/29/world/a-revolution-transforms-india-socialism-s-out-free-market-in.html
[4] within sight: https://asia.nikkei.com/Economy/China-on-verge-of-high-income-status-after-wealth-measure-jumps-20
[5] six times: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=CN-IN
[6] slowed: https://www.piie.com/blogs/realtime-economics/china-has-few-options-revive-lagging-economic-growth
[7] outpaced most others: https://www.project-syndicate.org/commentary/india-needs-structural-reforms-to-sustain-high-growth-rate-by-barry-eichengreen-and-poonam-gupta-2-2022-08
[8] fifth-largest economy: https://www.bloomberg.com/news/articles/2022-09-02/uk-slips-behind-india-to-become-world-s-sixth-biggest-economy
[9] third-largest national economy: https://www.cnbc.com/2022/12/01/india-to-leapfrog-to-third-largest-economy-by-2030.html
[10] 5.9% compared with 6.9%: https://www.thehindu.com/business/Economy/gdp-growth-in-2023-to-slow-to-59-says-goldman-sachs/article66174327.ece
[11] the factory of the world: https://www.shieldworksmfg.com/2021/12/16/made-in-china-how-chinese-factories-became-the-worlds-factories/
[12] stronger than ever: https://unctad.org/news/global-trade-set-hit-record-32-trillion-2022-outlook-increasingly-gloomy-2023
[13] decided: https://www.cnbc.com/2022/07/18/india-and-eu-revive-stalled-fta-talks-as-global-tensions-spark-urgency.html
[14] 16%: https://commission.europa.eu/system/files/2019-03/communication-eu-china-a-strategic-outlook.pdf
[15] 2%: https://policy.trade.ec.europa.eu/news/eu-and-india-kick-start-ambitious-trade-agenda-2022-06-17_en
[16] largest democracy: https://www.humanrightsinitiative.org/programs/ai/rti/india/workshops/speaking_notes_mrti_workshops_oct04.pdf