CAMBRIDGE: Twenty years ago, China ended decades of self-imposed economic isolation and changed the shape of the global economy. The world's other population giant, India, began its own economic reforms one decade later. India's reforms have been more gradual, the effects less dramatic at first, but after nearly a decade, India too is making a historical breakthrough. The first decade of the 21st century could well see India's average income per person double, and India's role in the world economy rise dramatically.
CAMBRIDGE: Twenty years ago, China ended decades of self-imposed economic isolation and changed the shape of the global economy. The world's other population giant, India, began its own economic reforms one decade later. India's reforms have been more gradual, the effects less dramatic at first, but after nearly a decade, India too is making a historical breakthrough. The first decade of the 21st century could well see India's average income per person double, and India's role in the world economy rise dramatically.