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India and China

Name: Anonymous 2010-01-02 5:09

I'm no economist, but I do know a bit about history

so how is it that these two countries are growing so rapidly?

I can understand China and it opening up the three policies or some shit in the 90's, making the country more capitalist

India, I don't get so much. Same deal? How is it that these two countries are rising up?

Also, what role does the US play in this? Again, I'm no economist, but I assume that we've been exporting jobs to these countries ever since the collapse of the USSR and the de-colonization of these countries?

De-colonization because of cheap labor, and the USSR because....well, come to think of it, no, scratch that. India was neutral, and China, well, they still ARE communist.

TL;DR some explain india and china to me

Name: Anonymous 2010-01-02 11:30

>>1
India was a Soviet client during the Cold War, voted with the Soviet bloc 99.999% of the time in the UN, and their military is still armed almost entirely with Soviet hardware, especially when we talk about the big-ticket items like armored vehicles, artillery pieces, or jet aircraft.

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