Originally posted by ape
whats sad is so many people in those figures live in poverty, in india you have adults and children living in shacks drinking brown water while people
are going into work across the street for an outsourced company. I think both of those countries need to wake up and both of them have a long way to
go before they are ever on US/UK/EU social infrastructure levels although I feel the EU has a very weak work ethic and abuse those social programs on
[edit on 11-1-2007 by ape]
I was waiting for one 've these..
anyways.. as long as this thread is open:
I agree with you and hence I do not consider 'population' to be a sole figure in determing human resources..
I was just trying to prove a point to the thread starter(who incidently has conspicuously disappeared from the scene
) that India will
eventually(in a cpl of decades) be the most populous nation on the planet for all mathematical purposes; whether that is a clear cut advantage or
disadvantage is yet to be seen..
However the percentage of that titan population that is educated and economically self sufficient is the key here.
These are the people who are or go on to become doctors,engineers,teachers,officers(govt. and military) etc. etc..
Now taking a count of these people will give one a true measure of the 'human resources' available to that country.
India has a whopping educated middle class of 250-350 million people.
Compare that to the populations of the other developed countries and you will see that irrespective of the literacy rates in those developed
countries(may they be 90% or 100%), India still has a much larger pool of human resources. Thats why its poised to be a big player in the future. So
many educated people amounts to phenomenal growth every year.
I think the amount of educated self-sufficient people in China is about the same as of today, so that's definitely to their advantage as well.
This is why everybody's buzzing about India and China. There's just so much talent in both these countries; it just needs to be tapped. That's
exactly what these countries are doing and so the future is bright, very bright.
The outsourcing you mention is to India's/China's advantage not the west who outsource, because the revenue comes here(not to the west). Moreover
the western populace is losing out on jobs because there are just as talented people in India/China willing to work for less; and by less I don't
mean slogging 18+ hours a day in a crummy hole.
The simple fact is things are so much cheaper here that even with lesser salaries people are able to enjoy a comfortable lifestyle
with a 9-5 job,house(s),car(s),malls,McDonalds,KFCs,golf etc etc..
There are also people in slums and people on the streets as well(obv 100s of millions of them) and they're being assimilated into mainstream
lifestyle slowly. It cannot be done in a day,year or even in a decade. Its a process that will span generations and one can only gauge a difference
say every 25-50 years. This is in no way impeding the growth and prosperity of the remainder of the educated middle class in either country.
China is strong on manufacturing and infrastructure. India's strong on services industries(software,retail,pharma etc.) and national banking. Both
are trying to pull up their weal areas and strengthen there strong ones.
Its high time all westerners understand this because its a fact.