| Building - kidzkap...ย โขย 1y
๐ India and China: The Middle-Income Trap Challenge The recent World Development Report 2024 by the World Bank sheds light on a crucial issue: the "middle-income trap." This is a scenario where countries, after reaching a certain level of economic growth, struggle to progress further and transition to high-income status. ๐ Key Insights: At the current pace, it will take India 75 years to reach a quarter of the US per capita income, while China will take over 10 years. More than 100 countries, including major economies like Brazil and South Africa, face significant obstacles in their journey towards becoming high-income nations. ๐ง The 3i Strategy: To avoid or escape this trap, the World Bank proposes a 3i model: Innovation | Investment | Integration Let's focus on creating policies that drive innovation, attract investment, and enhance global integration. #EconomicGrowth #MiddleIncomeTrap #WorldBank #Innovation #Investment #Integration #India #China

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Medialย โขย 5m
๐ก Did you know that only 5โ6% of Indians actually pay income tax? Of the 7.4 crore returns filed in 2022โ23, nearly 70% had zero tax liability. That leaves a thin slice of the population, mostly salaried middle class professionals who are bearing t
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Founder | Venture Pa...ย โขย 3m
๐ From โCopycat Nationโ to Innovation Superpower โ The China Playbook No One Talks About A few decades ago, โMade in Chinaโ meant cheap, copied, and low-quality. today, it means cutting-edge tech, world-class EVs, AI breakthroughs, and global domin
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