Why Australia needs to take India seriously


Source: afr.com afr.com

Key Topics in this News Article:

News Snapshot:

Nor does he sugarcoat the many challenges. The heart of the book details why the two economies have failed to integrate over much of the past 70 years, as the scars of colonial rule sent India down an inwardly focused development path that favoured domestic production over foreign imports, a policy that “forced India into an economic model that pushed us apart”. Colonial impact Many countries are courting India, so it remains to be seen whether a deep trade relationship will blossom. But to give it the best chance of doing so, Charlton wants Australians to improve their understanding of...