Developing world will be the biggest story of our era by Lawrence H Summers
- Looking back from 2040, the second thing people will see is that India was the first developing country to embrace on a major scale the knowledge economy: Whether it was world leadership in software that made Bangalore the hub of the world’s software industry; whether it were efforts to internationalise exchange in services, symbolised by a burgeoning export of medical services; whether it was the overdue recognition; whether it was the remarkable progress that India was able to make by harnessing an expatriate community.
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