India’s demographics to have impact on its future and the region’s
In 2010,two nations broke from the global downturn by experiencing an expansion in manufacturing. It is no secret that China is one, but some may be surprised by the other – India. The second most populous state and the world’s largest democracy is witnessing a growth in its educated workforce, but also suffers extreme income inequality.
American Enterprise Institute scholar Nicholas Eberstadt discusses how India’s high illiteracy rate, and demographic trends will impact the nation in coming years and what that means for the global economy.