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The secret sauce of China-India rivalry is education
The choices both countries made in educating their children over the past 100 years continue to shape their economies.
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The choices China and India made in educating their children over the past 100 years continue to shape their economies.
PHOTO: PIXABAY
Andy Mukherjee
The world’s two most populous nations began to open up to the world around the same time, in the early 1990s. But while both grew rapidly and pulled hundreds of millions of people out of poverty, China’s per capita income is now more than double India’s, when their currencies are adjusted for their true purchasing power. What’s behind the divergence?
Beijing and New Delhi pursued quite separate paths to globalisation. One set its sights on becoming the world’s factory, starting with toys and electronics, and moving on to electric cars and semiconductors. The other emphasised services like computer software.
