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Leapfrogging Technology: Opportunities for India Amidst Globalization Uncertainties

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India has some unique strengths and challenges. It has sustained high rates of growth over the past decade and more and is today the fastest growing economy in the world, but large numbers still live in poverty, and a fourth of the population does not have access to commercial energy. Still, start-ups in India have attracted large investments over the past two years. India has leapfrogged technology in mobile communication in the last decade and is now striving to do so in financial technology. The bulk of the population comprises people below the age of 35, and this demography is seen as a potential dividend; however, globally, the headwinds are of jobless growth. In this period of backlash to globalization, what is the opportunity for India to meet economic and technological needs differently? What will be the new potential for partnership between India and the U.S., including in third countries?

 

Status

  • Workflow Status:Published
  • Created By:Katie Sclafani
  • Created:02/06/2017
  • Modified By:Fletcher Moore
  • Modified:04/13/2017

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