First post! Alright lets start blogging about India's economy. I chose India because I wanted to learn more about this newly rising country, and its significance in the near future. India is an anomaly in its area of the planet, where along with China, it is experiencing the transition from third world country to a modern global economy.
I first started thinking about this when I read an article about BRIC, which is an acronym standing for Brazil, Russia, India and China, signifying an alliance between 4 large nations that are in a similar economic position and who together wish to gain the respect and power in the global economy they think they deserve. Indeed they collectively have 40% of the worlds current population.
I hope that by the end of this semester, you and I will have a better understanding of India's current economic influence, the impact that BRIC will have on the current world order, and how it got there, from colonization to an independent world power unlike that of which most former colonies and third world countries have achieved. From what little I know of India now, I think it will be interesting to see how this unique and stratified culture has been able to grow so rapidly.

----Sawyer