Google Tech Talk
October 27, 2010
Presented by Krishna B. Kumar.
India's impact on the global economy has increased significantly over the past two decades as a effects of the rapid growth that followed its economic reforms. Investors and multinational businesses have undoubtedly been drawn to India's affordable, highly skilled workforce. India's improved business climate has spurred the United States to become India's huge trading partner and huge investment partner.
But the potential of this strategic partnership has not been completely realized. Can bilateral trade and investment increase in this post--economic crisis globe? Will the United States continue to inspire Indian entrepreneurship and be a magnet for Indian talent? Will India's economic reforms continue to obtain help in the absence of inclusive growth, and what implications would this have for the economic relationship between the United States and India?
Krishna Kumar is a senior economist at the RAND Corporation, where he directs Research and Policies in International Development (RAPID) within RAND Labor and Population. His research and teaching interests are economic growth and development, human capital accumulation, and technological change. Kumar has analyzed the Indian and Chinese education systems, the role of public policies on Indian entrepreneurship, higher education privacy in the United States, reasons for U.S.-Europe productivity differences, the result of tax reform on economic growth, international capital flows, the result of the Green Revolution on recipient and donor countries, and privacy to revive the stagnant sub-Saharan African economies. He leads the Rosenfeld Soft on Asian Development at the Pardee RAND Graduate School and teaches global economics at the Fuqua School of Business at Duke University and the Indian School of Business in Hyderabad. Kumar received his Ph.D. in economics from the University of Chicago.
India will never grow intil they obtain rid of the caste system. India will grow maybe in units and poverty.
LET'S CELEBRATE INDIA WILL BE OVER CROSSED THE CHINA In GDP GROWTH 2010 !(WIKI) CHINA-10.300% INDIA- 10.368% THAT'S IS FIRST INDIAN ECONOMIC INFLUENCE OVER CHINESE ECONOMY ! WE ARE JUST START NOTHING AND HAVE MANY WORK TO DO !
economy is rising! So they can search ideas to hold recipients employed by temporarily supporting troubles that are easily fixable. Like feeding the homeless or maybe selling medicine for "mental disorders" Once business catch on to how the US does things, obtain ready for your precious economy to skyrocket as your pretty, LIVING-BREATHING citizens suffer the troubles from a globalized/westernized culture. Base your countries growth on profit,labor,and GDP and you will become blind.
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