Why India Is Stuck Between Poverty and Superpower

Check out The Next Wave, Hubspot's AI podcast here: https://lnk.to/thenextwaveEE For decades now economists have been predicting that India would become an economic superpower, and in part, it has. India's workforce is younger than China's and wages are lower meaning they have been well placed to take low ticket manufacturing jobs from China. But could we expect to see India's economy grow and possibly even surpass China in the next decade? Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.