In this age of de-globalisation and aggressive nationalism, many people have begun to believe that cultural diversity is a hindrance to growth. However, history has shown that diverse societies tend to be more innovative, efficient and prosperous in the long run than homogenous ones.
Posts published by “Samira Mathur”Samira Mathur is an analyst at a consulting firm in Delhi. She is passionate about economics and public policy. In the past, she has worked with NCAER and written for The Logical Indian and BW BusinessWorld.
The U.S. is the second-largest manufacturer in the world but it is heavily dependent on other countries for imports. Owing to tensions and tariffs, imports from China have fallen sharply in recent years. That provides a huge opportunity for India, provided it can find a delicate balance in its monetary policy.