Friday, May 27, 2011

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

2 comments:

  1. As the world continues to evolve,value is placed on education and skill more and more. I'm eager to develop an opinion of how India's success will affect the United States both long term and short term. I look forward to reading your blog.

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  2. I regularly shop at two stores with personnel originally from India. The man from one of these stores recently went home to visit family for a month; the store is not the same without him. The second store employs a teenage clerk who like the first man is very personable. I was speaking to him yesterday and asking him about his plans for the future; I was shocked and amazed by his answer. He is going to India next month to study nursing. When he is through his studies, he intends to return to the U.S. to work. What a turn about from just the recent past when students from India would come here to study medicine (and stay here). I dated a fellow from India about ten years ago; he has a brother who is an oncologist at Tampa General. Education in India is getting better and that may be the key to retaining her brighter citizens.

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