Of Googlies*, Cricket, India and China
Brilliant article** from my friend Tosh on India, China and the global economy (timed with the World Cup)
It has all the brilliance of his trademark style – refreshingly direct combined with penetrating insight…
Tosh makes the point that Europe will do well to consider India more seriously – and not least because it has distinct advantages over the US in this regard…
Excerpts:
“…Had India played a fair game of cricket, it would have waited (at least until the Beijing Olympics) before foisting a second, near-alchemical reincarnation of Asia’s rise on an unsuspecting world.
For India has, unexpectedly, joined China in attaining near double-digit economic growth rates. It has done so in violation of that mantra of MBA programmes – that foreign direct investment (FDI) is the recipe for growth in a developing country.
