I argued in an earlier post that much of Pakistan’s future direction will hinge on events unfolding this year. The first of these are the national elections scheduled for May 11, which could be decided by a large number of first-time voters. These voters are the product of one of the world’s largest youth bulges […]
The past few days have brought mixed news regarding India’s economic future.
Two new reports – by Morgan Stanley and the Asian Development Bank – offer optimistic, albeit caveat-filled, appraisals of India’s long-term economic outlook. But whether the country can fulfill its potential is still an open question.
India desperately needs to enact momentous labor and educational reforms in order to capitalize on its demographic dividend and secure its economic future. Whether the country’s political class can muster the requisite will to do so, however, is a perilously open question.