Read on Twitter
1/4
In my opinion the idea that India's future growth depends on whether or not it joins RCEP or other trade agreements is mostly ideological nonsense. Smaller countries can perhaps advance rapidly by becoming export superpowers, but India's main... https://www.scmp.com/week-asia/politics/article/3111098/can-india-be-part-asias-growth-story-without-rcep-or-chinas?utm_source=Twitter&utm_medium=share_widget&utm_campaign=3111098
In my opinion the idea that India's future growth depends on whether or not it joins RCEP or other trade agreements is mostly ideological nonsense. Smaller countries can perhaps advance rapidly by becoming export superpowers, but India's main... https://www.scmp.com/week-asia/politics/article/3111098/can-india-be-part-asias-growth-story-without-rcep-or-chinas?utm_source=Twitter&utm_medium=share_widget&utm_campaign=3111098
2/4
problems – like those of China in the late 1970s – are weak business governance and the lack of domestic investment in infrastructure.
Like China in the 1980s and 1990s, these are the problems India must fix if it is to grow sustainably for many decades, and until it...
problems – like those of China in the late 1970s – are weak business governance and the lack of domestic investment in infrastructure.
Like China in the 1980s and 1990s, these are the problems India must fix if it is to grow sustainably for many decades, and until it...
3/4
fixes them, trade agreements may just lock India into a minor role in global supply chains. It should only join trade agreements if these are reasonably balanced and bring India the resources it needs, rather than try to fit its economy into the needs of its trade partners.
fixes them, trade agreements may just lock India into a minor role in global supply chains. It should only join trade agreements if these are reasonably balanced and bring India the resources it needs, rather than try to fit its economy into the needs of its trade partners.
4/4
It's worth remembering that China only engaged in international trade on its own terms during the 1980s and 1990s, to no apparent ill effect.
It's worth remembering that China only engaged in international trade on its own terms during the 1980s and 1990s, to no apparent ill effect.
