TID: Mystic BBS 1.12 A48   
   MSGID: 1:105/420 e5d28749   
   TZUTC: -0700   
   Hello everyone,   
      
   Following on from previous discussion here RE why India's economy hasn't grown   
   like China's, I though I share an interesting youtube video that appears on a   
   macroeconomics channel I follow:   
   Hey %% & && though you might be interested in this given our previous   
   discussion   
      
   RE why India's economy hasn't grown as quickly as China's.   
      
   https://www.youtube.com/watch?v=zrFWHAyI2W0   
      
   Dr. Joeri Schasfoort's channel Money & Macro is an economics  youtube   
   channel I've been following for a while. He's done a few analysis videos about   
   China's economy and in this one explains why he thinks India didn't and cannot   
   grow the same way China has.   
      
   It's an interesting watch. He summarizes research from two Indian Economists,   
   ex central bank president Prof. Raghuram Rajan & Proj Davesh Kapur from the   
   John Hopkin's University.   
      
   If I've understood what he's presented correctly, it seems that it mostly   
   comes down to the different ways that India & China's local government   
   function and how they were & still are incentivized. From what he presents in   
   this video, it seems to me that for foreign investors, working with India's   
   local government was and will still will be much more difficult, so dealing   
   with bureaucracy, getting permits ect is just much more difficult than in   
   China.   
      
   Also appears that some local Indian governments have and still are   
   deliberately leaving important vacancies empty due to ongoing cast conflicts   
   and discrimination. This also negatively impacts things like education which   
   apparently is something China has done a better job of managing.   
      
   There quite a bit more in the vid that what I've mentioned here, hope you find   
   it as interesting as I did & I look forward to your opinions on it.   
      
   ... Emergency toolkit: duct tape, hammer, 6 pack of beer.   
      
   --- Mystic BBS v1.12 A48 (Linux/64)   
    * Origin: 2o fOr beeRS bbS>>20ForBeers.com:1337 (1:105/420)   
   SEEN-BY: 90/1 105/7 10 11 44 81 420 500 106/201 128/260 153/7715 218/700   
   SEEN-BY: 226/30 227/114 229/110 112 113 206 307 317 426 428 470 700   
   SEEN-BY: 266/512 282/1038 291/111 292/854 320/219 322/757 342/200   
   SEEN-BY: 396/45 712/848 5075/35   
   PATH: 105/420 81 229/426