Category Archives: Economics

India vs China = Tortoise vs Hare ? – Is the fable an allusion or a force-fit ?

Superpower?: The Amazing Race Between China's Hare and India's TortoiseSuperpower?: The Amazing Race Between China’s Hare and India’s Tortoise by Raghav Bahl

My rating: 4 of 5 stars

The book takes off in a diplomatic way. I found this very tactical if there is a neutral reviewer reading it 🙂

But in a ghostly running-background of the race between the hare and the tortoise (allusions here are taken to “Little Prince” levels), the author goes onto surgically lay down the argument for the Indian economy. To sustain the diplomacy in spirit, there are instances of substantially repetitive disclaimers that the likelihood still remains of China re-defining the eco text books

All in all , a delightful read. Besides the obviously apparent economics and GDP-growth based theories, there is a 360 degree analysis taking into account histories of the nations, the socio-eco-political decision making over the years, etc.

My only disappointment (probably due to my own cynicism/ insecurity regarding the flawless hope that the author creates for the Indian economy) is that the theories after a few chapters look nitpicky. In a few episodes in between, there is this overwhelming feeling that the author is pitting the need to be objective against a patriotic bias. Thus, this sentiment leading to the odd splurge of examples which have been cherry-picked to show the Indian economy can win the race. But again, thankfully this observed act is definitely not overdone and even the tiny stardust I might be noticing is perhaps , again just me playing the devil’s advocate.

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