a question to Forum members, "what was the corresponding data's for China and other NICs for early 90s?" the truth and you people will finally have to live with, say by 2030+......
Newly industrialized country - Wikipedia
we find, Indian manufacturing growth doesn't based on external markets. while China? if the external market fall, there may be the would be collapse to Chinese Manufacturing industries to the level of early 90s....
India suffer high trade deficit. if the external market collapse, talking about the would be collapse of OECD economies, the trade deficit of India will also come down accordingly. while China? the collapse of OECD economies would impact seriously on Chinese manufacturing industries.......
the story of China and other NICs starts from early 90s, hardly. and the would be collapse of OECD economies may help them back to early 90s levels.
while in case of India, the manufacturing growth of India is not driven by external demands. the home demands based Indian manufacturing sector would sustain fluctuation in foreign markets......i would very much like to see Indian data's, which are outperforming all the NICs excluding China, and it dont depends on foreign markets, as compared to China....
the economists predicts, the Bluffs of OECD countries won't go beyond 2030+, means, the countries like USA will fall behind Brazil, say, by the next decade....
there is no 'guts' in OECD countries. the 'unskilled' workforce they have, they heavily depends on countries like India for skill shortage. we see no foreign buyers for countries like USA by 2030+
when you show manufacturing data's, India and other NICs like Indonesia have these numbers with less Foreign Buyers, while Chinese growth story since early 90s heavily dependent on foreign markets........
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