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A comment on Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods.

Re:Apple Not Able to Open Stores in India Without Selling 30... by rahulsidhu on Wednesday May 25, 2016 @07:51PM (#11774108)
Seeing a lot of neo-liberal economics dogma here in the comments, and so would like to recommend this excellent book: https://www.amazon.co.uk/How-Asia-Works-Success-Failure/dp/1....

It has an excellent account of how manufacturing (supported by heavy protectionism from the state) was a crucial component of the Asian miracle in nearly all countries. IMO India really needs to go through a round of manufacturing expansion, preferably in the high-tech sectors.

[ Parent | on HN ]
Re:Apple Not Able to Open Stores in India Without Selling 30... by eru on Wednesday May 25, 2016 @08:24PM (#11774251)
You mean paleo-liberal economics dogma? Just about all mainstream economists ever agree on free trade.

(Though in this case, they are just banning Apple Stores, apparently, not Apple products. So it doesn't really matter too much.)

[ Parent | on HN ]