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At least 675 women killed for ‘honour’ in 2011

Discussion in 'South Asia & SAARC' started by DaRk KnIght, Dec 20, 2011.

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  1. Averageamerican

    Averageamerican Colonel ELITE MEMBER

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    Do you really think you can make economic predictions 40 years out? When you have a PerCapita income of a 1000 or even 5000 its not hard to increase it a 100 percent over 10 years,, but it reachs say 40,000 you are going to only see it go up a few percent a year but a 8 percent increase in a 5000 PerCapita is 400 but and 3 pecent of 40000 is 1200. Which would you rather have.

    http://www.photius.com/rankings/world2050_rank.html

    Maybe another way to put it:

    Once an economy matures, its growth capacity diminishes. Early gains are the easiest ones. It's kinda like being the worst house on the block -- improving house value is easy at first; but after a point, the surrounding environment places incrementally tighter constraints on how much additional value you can squeeze out per dollar spent on home improvement.

    Global economy is such a context. As long as China or Inida is a lower-middle-income economy, with low per-capita GDP and low productivity, there's a lot of room for growth, for now. Once it reaches higher rankings in the economic tables, the growth will slow down to that of other mid- and upper-income countries.

    China and India, least I would hope so, will keep getting wealthier, no doubt about it; but itsb8% ~10% growth rate will greatly diminish over time.
     
    Last edited: Dec 22, 2011
  2. Hashu

    Hashu Lieutenant SENIOR MEMBER

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    it worked with Japan and germany, and i think India and China are in a stronger postion than they were!
     
  3. Averageamerican

    Averageamerican Colonel ELITE MEMBER

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    Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.”
    Peter F. Drucker quotes

    I would predict the lack of freedom and democracy and the corruption that comes with it will cause unrest and retard the growth of China
     
    Last edited: Dec 22, 2011
  4. Averageamerican

    Averageamerican Colonel ELITE MEMBER

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    China and India have made impressive strides in recent decades, expanding their economies and middle classes. This two-part series examines and tests the claims made by economist Pranab Bardhan in his book “Awakening Giants, Feet of Clay: Assessing the Economic Rise of China and India.” In the book, Bardhan points out that while the two nations have lifted millions out of poverty, both continue to work under structural constraints with much political uncertainty. Anticipation of great global achievements from either nation, he argues, is based largely on myths created by the media and part of academia. The achievements of India and China are significant, but analysts cannot overlook the inequality and other serious hurdles that remain. In searching for formulas to achieve growth or market reform, Bardhan cautions, other countries should avoid the extreme political paths taken by authoritarian China or the rowdy democracy of India. – YaleGlobal

    Do The Awakening Giants Have Feet Of Clay?
     
  5. kaku

    kaku BANNED BANNED

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    Myth of India and China???LOL..................
    Firsty, you should have remove your myth about your country. Do you know how much debt has burdened the america??? around $15 tn and per capita it is around $40,000. And you know where this all money come from??? from BRIC nations.
     
  6. lucifer

    lucifer Lieutenant SENIOR MEMBER

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    majority of the US debt is owned by its own people not BRICS. social security is used to pay for debt by the govt.
    And their national debt is estimated at well over $100bn (the govt. debt is $15bn)
    And BRIC nations ?? its mainly China & Japan.... Russia, Brazil & India are not even in the same league.
     
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  7. DaRk KnIght

    DaRk KnIght Lt. Colonel ELITE MEMBER

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    Its China only. Indian debt is only around $40bn.
     
  8. ManuSankar

    ManuSankar Major SENIOR MEMBER

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    He is right,even though we had a period of impressive growth we still have a long way to go.We have structural constraints with much political uncertainty.All this hype about India's rise is nothing but a myth.But our job is to make it a reality.For that we have a long way to go.
     
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