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Why India will beat China
By Swaminathan S Anklesaria Aiyar, ET Bureau | 11 Apr, 2012, 03.08AM IST
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READ MORE ON » Why Nations Fail | Kingfisher Airlines | James Robinson | Air India
Extractive political institutions (autocracy and empire) lead to extractive economies benefiting elites, and cannot create general prosperity save for limited periods. Inclusive political institutions (democracy, rule of law and rights for all) create inclusive economic regimes with opportunity for all, leading ultimately to prosperity. Inclusive institutions lead to creative destruction, which is essential for sustained prosperity but threatens extractive regimes, and is typically sabotaged ..
http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/why-india-will-beat-china/articleshow/12615796.cms?curpg=2 
ทำไมเหตุผลอะไรที่จะทำให้อินเดียชนะจีน ในการพัฒนาประเทศมาฟังเหตุผลกัน The economicstime บอกไว้ตั้งแต่ปี2012
Why India will beat China
By Swaminathan S Anklesaria Aiyar, ET Bureau | 11 Apr, 2012, 03.08AM IST
Post a Comment
READ MORE ON » Why Nations Fail | Kingfisher Airlines | James Robinson | Air India
Extractive political institutions (autocracy and empire) lead to extractive economies benefiting elites, and cannot create general prosperity save for limited periods. Inclusive political institutions (democracy, rule of law and rights for all) create inclusive economic regimes with opportunity for all, leading ultimately to prosperity. Inclusive institutions lead to creative destruction, which is essential for sustained prosperity but threatens extractive regimes, and is typically sabotaged ..
http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/why-india-will-beat-china/articleshow/12615796.cms?curpg=2