India as No. 1


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This is an old discussion – India and China. Still, could not help but share.

But there are fundamental differences. Rapid economic growth since 1980 has made China by far the richer of the two, with a nominal GDP nearly five times that of India (US $11.2 trillion versus $2.3 trillion). China’s per capita average, measured in terms of purchasing power parity, was more than twice as high ($15,400 versus $6,600).

On the other hand, China is a tightly controlled one-party state run by a politburo of seven aged men, while India continues as a highly imperfect but undeniably democratic polity. Freedom House assigns India 77 points on its freedom index compared with a measly 15 points for China. The United States gets 89, Canada 99.

The complete article

IEEE Spectrum — Vaclav Smil

Image source

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