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TieCon 2007 – What can keep India and China from Sustained Economic Growth

Submitted by Bill Belew on Friday, 18 May 2007No Comment

From TiECon 2007

What can keep China (10+%) and India (9+%) from the sustained economic growth they are experiencing?

This was the question that was posed to the panel after the opening welcome address.

Each country has their own unique challenges –

1. China has a growing wealthy class…they want a voice in how they are governed and how their money/taxes will be used.

2. India's physical infrastructure is lagging far behind.

Interestingly … the panel thinks BOTH countries share the same type of problem…one that could prevent the two population giants from sustaining economic growth.

Rural India and rural China are NOT getting their share of the wealth…and if that is not corrected…sustained economic growth may become hampered.

Interesting fact – 38% of the world's population are living in countries whose economies are growing at a 9-10% rate.

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