Malthus debate surges on today
Take for instance, the third world countries or the third world market, where developing countries are continuously coming out with new and innovative products and technologies due to scarcity of resources. Well, aren’t India and China considered markets of the future because of their population and its growth? Isn’t it better to be then a supremely crowded third world country than a first world country like Japan or Switzerland with falling population?
The answer is a categorical no. Firstly, to focus on population is to wrongly focus purely on GDP growth as the basis of calculating development rather than HDI or Lifestyle Index. Secondly, China and India have had [and still continue to have] the maximum number of people in the world living below the poverty/destitution line. Thirdly, economic development in such countries have been primarily unequal over generations. Clearly, it is better to be a highly developed, rich [5th wealthiest], yet recession ridden lowly populated [4.6 million] Singapore than to be a 1.2 billion plus people country with a 7% GDP growth rate, having 200 million and more defecating in the open...
Take for instance, the third world countries or the third world market, where developing countries are continuously coming out with new and innovative products and technologies due to scarcity of resources. Well, aren’t India and China considered markets of the future because of their population and its growth? Isn’t it better to be then a supremely crowded third world country than a first world country like Japan or Switzerland with falling population?
The answer is a categorical no. Firstly, to focus on population is to wrongly focus purely on GDP growth as the basis of calculating development rather than HDI or Lifestyle Index. Secondly, China and India have had [and still continue to have] the maximum number of people in the world living below the poverty/destitution line. Thirdly, economic development in such countries have been primarily unequal over generations. Clearly, it is better to be a highly developed, rich [5th wealthiest], yet recession ridden lowly populated [4.6 million] Singapore than to be a 1.2 billion plus people country with a 7% GDP growth rate, having 200 million and more defecating in the open...
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Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
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IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
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IIPM B-School Facebook Page
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IIPM Links
IIPM : The B-School with a Human Face
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