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Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by mmsimanga on Monday February 18, 2019 @02:44PM (#19193686)
I am really not qualified to comment on what is happening internally in India but as an African looking on I see quite a number of positives. Most of our drugs are now from India. Companies like Cipla are quite prominent. India manufactures their own cars( Tata and Mahindra both sold here). In Africa we have a few assembly plants, none of the cars or IP is really ours. India has launched a rocket into space and is planning on going to the moon. As I type this the Zimbabwean vice president is in India for medical treatment[0]. It has become common for medical aids here to send people to India for types of operations. I understand India has some way to go but hey at least you are making some strides. I am not so sure about Africa. The people making bricks and connecting solar panels for lighting are making some progress but nothing large scale such as going into space. Our governments are too inept for that.

[0]https://ewn.co.za/2019/02/12/zimbabwe-s-vice-president-recei...

Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by pm90 on Monday February 18, 2019 @03:44PM (#19194261)
I don't think the argument is that India is not doing well in the absolute sense, but whether it could have done far, far better with a non-democratic political system like China.

I do think its an important question and one that should be answered in good faith. If we do believe that democracy does not hinder but perhaps help economic development, we should know that. If it does hinder, we should ask: is the price paid worth it?

Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by mmsimanga on Tuesday February 19, 2019 @02:30AM (#19197284)
You ask a pertinent question that unfortunately will be shut down. The pro democracy movement has convinced us that even villagers in Africa should have a say in our monetary policy. No I am not saying villagers in Africa are stupid, they just have not been exposed to monetary policy. Same way I know nothing about diesel engines but I know about SQL. Democracy says we all have a say even in things we don't understand so we, particularly Africa end up with charismatic leaders who are willing to wing it. I gather from the little bits of history that I have read that most development in the West didn't happen under democratic rule. It is only relatively recently that the common man has had a say. Trouble with dictatorships is that you get good and bad. Rwanda and South Korea have thrived under "dictatorships". Whereas we have become a dysfunctional state. If only there was a way of selecting benevolent dictators and removing them. Alas there is no clear path.
Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by dv_dt on Monday February 18, 2019 @07:28PM (#19195753)
I suspect that democracy is mostly an independent factor from effective economic development. You can have policies and power structures that facilitate or hinder development under all forms of government.

Though I do think there may be an inhibition of development for economics that accept austerity and classical international investments advice.

Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by jacobush on Monday February 18, 2019 @06:29PM (#19195447)
Isn't India as a country much more diverse than China? I mean I realise China is diverse too but in comparison. Putting a heavy yoke on a diverse country sounds like a recipe for rebellion.
Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by WillSlim95 on Monday February 18, 2019 @08:20PM (#19195972)
India has 20+ languages with atleast one million speakers. China has one common uniting language Mandarin. I speak 3 Indian languages, yet when I moved to a new state for work, none of those languages help me while communicating with locals.
Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by SJetKaran on Monday February 18, 2019 @11:24PM (#19196570)
Yasheng Huang: Does democracy stifle economic growth? https://www.youtube.com/watch?v=UR-uWwvpn5c
Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by brianpgordon on Monday February 18, 2019 @10:51PM (#19196450)
> Most of our drugs are now from India.

Heh, well that's because India doesn't exactly have a lot of respect for US pharma IP. Which is fine, but don't go giving India the credit for stolen IP.

Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by hiyer on Monday February 18, 2019 @11:20PM (#19196558)
The drugs manufactured by Indian cos are licensed, not stolen. The US itself imports several billions worth of pharmas from India every year, and the USFDA inspects pharma plants in India for this reason.
Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by masonic on Tuesday February 19, 2019 @05:54AM (#19198067)
Re:When India Kicked Out Coca-Cola, Local Sodas Thrived by brianpgordon on Monday February 18, 2019 @11:46PM (#19196665)
The reason that drugs manufactured in India and sold in India and developing countries are so cheap is that India has compulsory licensing and very weak protection for analogues. The US puts up with it because it's a big market and it can't stand US-level prices anyway. But it's not Indian IP, and I don't think it's much of a stretch to call it "stolen," at least insofar as intellectual property can be stolen at all.