In Growth India can overtake China
How India can overtake China in the battle for higher education and economic growth
There is a battle taking place between India and China — not for today's economic growth, but for economic growth a decade from now. The field of battle is higher education, and India is losing. Big time.
World Bank statistics show that higher education enrollment is a leading indicator of economic growth. When a country substantially increases the number of university students it educates, that country tends to enjoy a spike in economic growth in the decade that follows. It happened with Japan and Korea in the early and late 1980s respectively.
World Bank statistics show that higher education enrollment is a leading indicator of economic growth. When a country substantially increases the number of university students it educates, that country tends to enjoy a spike in economic growth in the decade that follows. It happened with Japan and Korea in the early and late 1980s respectively.
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