Why India’s Rise is Business As Usual
On the 60th anniversary of India’s Independence, Time Magazine features ‘India Charges Ahead‘ (Asian, European and Asia-Pacific editions only- I wonder why the US edition is different).
The featured articles are all very good but a short article by William Dalrymple titled Why India’s Rise is Business As Usual puts in oft forgotten perspective. The article begins with this sentence:
The idea that india is a poor country is a relatively recent one.
and ends with sentence:
Extraordinary as it is, the rise of India and China is nothing more than a return to the ancient equilibrium of world trade, with Europeans no longer appearing as gun-toting, gunboat-riding colonial masters but instead reverting to their traditional role: that of eager consumers of the much celebrated manufactures, luxuries and services of the East.