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india's economy,globalization,how to get rid from unemployment,
poverty,corruption.do corruption help india to become superpower?

2006-11-17 23:54:11 · 12 answers · asked by madhvi s 1 in Social Science Economics

12 answers

we should have wait for it a long ! at least u could not be able to see india becoming a superpower in your life tennure?

2006-11-18 04:47:33 · answer #1 · answered by Anonymous · 0 0

India might some day have a large aggregate economy, but the US was in a unique position during the 20th to become a "Superpower".

The US didn't just have the world's largest economy, it's ties to Europe brought it into WWI and WWII; Europe's savagery and lack of opportunities brought many bright, productive, and important immigrants to the US; US culture was embraced by most of the world; the "universal" language of English happened to be the native tongue of the US; and US lead the world in invention, innovation, and business practices.

I think all those thing went in to making the US a "Superpower", and I don't see India ever replicating such an influence. Not China either.

2006-11-18 05:35:53 · answer #2 · answered by KevinStud99 6 · 0 0

I agree with lost in space,you guys are nuts on here,only willing to hear the doom and gloom.I can tell you this and this is a fact,China's economy is pretty much a big fat zero without the USA,we may have been the Catalyst that drove the global market down but they are all looking at us to pull them out of it,not China not Russia the good ole USA so jump off of the band wagon and do something smart like invest now while the market is low because we will never see prices like this again and when it bounces back(it will I promise)you will be happy you didn't stuff money under your mattress waiting for the new world order LOL

2016-03-29 00:30:27 · answer #3 · answered by Anonymous · 0 0

Ive just completed a development course at uni and i must say India will never be a world power... Its economy is a dualistic economy (2 economies in one) ie you have 700 million people in agriculture and the remainder in high technology. The problem is that you need a bridge between this high technology (ie nuclear power) and agriculture, that is you need industries with variable capital coefficients so that the machines in these industries can be modified to use more labour and absorb the labour surplus from agriculture, once the labour surplus is removed from agriculture then that sector is forced to modernise with the rest of the economy (ie as happened in Meiji Japan with their textile industry diffusing the steel and steam engine industry technology to agriculture). but the british destroyed Indias textile industry as it was much more compeditive then the british one, so India had no industry to diffuse the high technology.... Now india is adopting a strategy of open markets FDI, unregulated finacial system (this strategy will fail! NO country has ever industrialised through free trade!) again look at every country that has indusreialised since 1914 (there is only 4 of them and they have all had regulated export driven economies

2006-11-18 01:51:03 · answer #4 · answered by Mr Davo Sir 1 · 0 1

In order for this to happen India will have to do something like the USA did during the decade of the 40's in the previous century!

2006-11-18 00:51:35 · answer #5 · answered by Anonymous · 0 1

well, madhvi its glad 2 no dat at this time when, the govt. is not thinkin enough abt india, pepole like u r thinking abt it!!! i think, dat if our youngsters will be like u , then surely, india will become a superpower like the us!!
now, i think ive done much of ur praise, so dat u can choose my ans. the best!!!!!!!!!!!!!!!!!!!!!!!!

2006-11-18 00:04:52 · answer #6 · answered by Isha J 2 · 0 0

when people like you will stop chatting and do something for india our country i mean join politics, become a social reformer,and help poor by giving at least 20% of your salary
will u do it ? if not then don't ask this question again...........

2006-11-19 03:23:19 · answer #7 · answered by Hemali 2 · 0 1

Only 1 option. Work more. Export more.

2006-11-18 00:09:40 · answer #8 · answered by Anonymous · 0 0

By playing basketball basebal land by stop praising muslims

2006-11-19 14:32:27 · answer #9 · answered by Mohommad Hafeez 1 · 0 1

with GOD wishes and simultaneosly indian's hardwork

2006-11-18 20:23:04 · answer #10 · answered by Anonymous · 0 1

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