Urbanization in China and India

This work quantizesthe scale of urbanization in South East Asia.  It represents a massive capital investmentand it will quickly achieve the GDP per capita of the present developed worldwhich will also be transforming itself into better lifeways.

The impact of near ten percent growth, yearafter year for a third of the globe’s population is that the rest of the worldis also maintaining sustained growth if only because they become suppliers to  these economies.  This has invigorated Africajust about everywhere.

Investors no longer care too much about the uselessfool or big man in charge because they know time will resolve all that and theycan only win in the long term.

1 DECEMBER 01, 2010

* Indian cities will create 70 percent of new jobs, and these will prove a powerful magnet. MGI projectsthat the urban population of Indiawill increase from 340 million in 2008 to 590 million by 2030. 

* If Indiapursues a new operating model for its cities, it could add as much as 1 to 1.5percent to annual GDP growth, bringing the economy near to the double-digitgrowth to which the government aspires. 

* If Indiacontinues to invest in urban infrastructure at its current rate—very low byinternational comparison—gridlock and urban decay will result.

* From 2002 to 2007, India invested 5.7% of GDP on infrastructure while China invested 9.3%

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