Bleak-onomics

It's hard not to be wowed by the consistently high economic growth rates posted by India over the past few years. Many factors have contributed to this, howerver an underappreciate one is the sheer demographics of India. Over half the country's population is under the age of 30. That not only translates to a larger workforce and smaller burden of supporting the ageing population, but it also means that people are more willing to embrace change. That's a darned good thing because guess what? The world is about to change dramatically in the next few decades.

India has a unique opportunity to use this natural advantage to emerge from the throes of poverty and correct the economic balance in the world. However we must do everything we can to make sure this young population grows up healthy and educated. There are disheartening stories out there, one of which prompted me to write this post. I hope we can build a new world where this never happens.