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The economic development of India - An essay

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  1. Differences between Indian and western individual conception in the societies
  2. The cultural gap of western societies
  3. Indian culture and the capitalist model of civilization

India has always been in the shadow of China's influence around the world, and therefore has very often been neglected as a real growing economy, despite its great performances and its huge population. Nevertheless, some phenomena can explain the fact that India has never been seen as a serious contestant in the globalized world economy. In spite of having real assets, like its English-speaking population, and its sound democratic basis, India has had to overcome some difficulties. Inefficient bureaucracy and very poor infrastructures have restricted some parts of the Indian economy from taking off. Some facts, like the recent deep drop of Bombay's stock market index could argue in favor of India being stuck in unsolvable problems.

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