IIPM PUBLICATION
And if the
government hopes that things will turn around in the next 10 or so years time, when about 45-50% of the Indian population is forecasted to begin to reside in urban areas, then surely they’re deliberately being blind to the killingly slow pace of infrastructure development. Professor Edison Tse of Stanford University berated India’s infrastructure development compared to China by mouthing a vitriolic remark to B&E, that “India’s best city doesn’t even compare with China’s Tier 3 cities (the ones with lowest development, as per the Chinese government), what to talk about Tier 1 cities.” A fact corroborated to B&E by George Wu, Professor at Chicago University’s world renowned Graduate School of Business. China has maintained a constant 10% and around growth for past three decades in continuation; and so consummate is their economic management that even this year, they have kept their inflation as low as 1.4%.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
And if the
government hopes that things will turn around in the next 10 or so years time, when about 45-50% of the Indian population is forecasted to begin to reside in urban areas, then surely they’re deliberately being blind to the killingly slow pace of infrastructure development. Professor Edison Tse of Stanford University berated India’s infrastructure development compared to China by mouthing a vitriolic remark to B&E, that “India’s best city doesn’t even compare with China’s Tier 3 cities (the ones with lowest development, as per the Chinese government), what to talk about Tier 1 cities.” A fact corroborated to B&E by George Wu, Professor at Chicago University’s world renowned Graduate School of Business. China has maintained a constant 10% and around growth for past three decades in continuation; and so consummate is their economic management that even this year, they have kept their inflation as low as 1.4%.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
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