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Up until 1990 India was slightly richer than China on a per capita basis, but since then China's economy has grown far faster than India's. In this video we look at the structural issues in India's economy have thus far prevented it from achieving the same level of economic success as China.

The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel:    / @statistaofficial  

0:00 - 1:50 Intro
1:51 - 2:38 Morning Brew
2:39 - 3:25 Washington consensus
3:26 - 5:53 Protectionism
5:54 - 7:45 Export competitiveness
7:46 - 10:18 Bureaucracy
10:19 - 13:38 Manufacturing sector
13:39 - 16:18 Technology
16:19 - 18:40 Service sector
18:41 - 22:22 Informal economy
22:23 Limitless potential

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#Economics #india #china

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