Table of Contents
Is India comparable with China?
China’s Economy is Four Times Larger Than India’s Economy The GDP of India is close to $1.5 trillion. At the same time, the GDP of China is close $7 trillion. The economy of China is at least 4 times as big as the economy of India. Comparing the GDP growth rates of India and China is therefore a pointless exercise.
What is an example of a meritocracy?
For example, a firm with the highest IQ employees might fall down in areas such as innovation, design and sales that require diverse talents that aren’t captured by an IQ test. Having people who think very differently may be conductive to creativity.
What is a meritocracy government?
Meritocracy (merit, from Latin mereō, and -cracy, from Ancient Greek κράτος kratos ‘strength, power’) is a political system in which economic goods and/or political power are vested in individual people on the basis of talent, effort, and achievement, rather than wealth or social class.
Is China a meritocratic society?
The role of meritocracy in Chinese history, focused on the so-called examination system, has been a matter of long scholarly scrutiny. In its self-image, China is a meritocratic society. Many observers of China agree with that assessment. So how does China judge the merit of its citizens?
What is the difference between China and India’s economic reform?
China has been built on infrastructure, investment and manufacturing; India has barely scratched the surface on all three. India began its economic reform in the early 1990s, more than a decade after China. But in the last-quarter century, China has accelerated its economy, while India’s has weakened comparatively. Why?
Can India’s democracy function on the basis of Merit?
Given the entrenched inequalities of caste, India’s democracy found it impossible to function only on the basis of merit. In the 1910s and 1920s, Brahmins were a mere 3 per cent of the population of Madras Presidency, but they comprised 75-80 per cent of Madras graduates.
How can India compete with China in the future?
China has arguably the best physical infrastructure outside the Western world. India’s looks more like the poor country that it still is. But this is a real opportunity for India. Increase investment. Improve infrastructure. Grow economic output.