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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (29284)2/27/2003 8:08:06 PM
From: energyplay  Read Replies (1) of 74559
 
I did not know India's fertility was still that high.

India will need to follow a different path - things that can be done by sticking a satelite dish up and setting up a call center, computer programing, etc.

Except near big costal cities, the infrastructure is not there to support as much heavy manufacturing as China.
Nothing like Three Gorges Dam, or many super highways.

Developed countries will need to become somewhat more protectionist in certain areas. Some degree of economic pressure is useful to make the developed countries adapt.
(of course that view tends to favor North America, which more more labor mobility than Europe)

As the successfully developing countires start to export capital and buy more expensive and complex things from the developed countries, they are likely to favor letting their currencies rise somewhat.
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