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To: Amy J who wrote (26060)	3/21/2005 2:04:21 AM
From: arun gera	Respond to of 116555

>Dictatorship allows you to move forward in a unified way, even if you have a lot of conflicting diversity, meanwhile democracy slows the process down - you have to wait until "everyone is on board" before you move ahead.> Where are we going in this much hurry? Human beings have been around for hundreds of thousands of years. And a poor person in India does not seems much unhappier than a poor person in any other part of the world. Friends and family probably contribute more to the well being and happiness than any material or intellectual goodies. India and indians do not mind going a little more slowly. Indians waited for 100 years to get the British out. It has been only 58 years since India's independence. A steady improvement for another 20-40 years will be fine. -Arun

To: Amy J who wrote (26060)	3/21/2005 2:16:20 AM
From: arun gera	Respond to of 116555

>RE: "India seems to have made the fastest progress when its central government has gotten weaker"> >Less misallocation of capital due to less corruption ?> The corruption is much more and out in the open. So that does not explain it. Don't you think it is dangerous to leave the allocation of all capital generated by the chinese citizens into the hands of a few powerful people? I think that is too risky. -Arun

To: Amy J who wrote (26060)	3/21/2005 9:58:58 AM
From: microhoogle!	Respond to of 116555

Indian Prime Minister, Manmohan Singh is one of them. He was the finance minister around 1990 and governor of reserve bank of India prior to that. He is a very simple minded person who has lived a very simple life. He probably has the capability to fix US Macroeconomic woes if Greenspan's job was outsourced to him <vbg> Having said that India has extremely corrupt and also incompetent leaders. So sometimes India gets lot of credit or extreme bum rap depending on who you are looking at. India's central government has some of the brightest leaders in the world. I believe they are brighter than many of ours. It takes tremendous brightness to tackle some of India's current problems - I think the current central govt leaders are probably the best in the entire world (e.g. excellent financial capabilities, etc.).