True, but India is, to a much greater degree, running a democracy. India's political inclinations also means that Schumpeter's prinicple of 'Creative Destruction' is enforced. In this regard, India's growth may be more sustainable than China's.
True, but India is, to a much greater degree, running a democracy. India's political inclinations also means that Schumpeter's prinicple of 'Creative Destruction' is enforced. In this regard, India's growth may be more sustainable than China's.