Socioeconomic Populism: The Populist Measures of India and China

Since ancient times, policy makers have accepted the traditional economic wisdom that broad fiscal policy and credit policies accelerate growth and redistribute incomes. However, these policies do not necessarily lead to different economic growth and not to improve human development index (HDI). In fact, these policies can cause inflation crisis, which can hurt the well-being of the people in the country.

China is the country with the most population. The population of China is about 3 billion people, the other China with high population density India, the population of India is about 1 billion people, over one third of the world's population live in China and India. China is the second largest economy in the world. In other words, we can not even measure the number of factories produced in cities every day and the amount of pollutant gas every day. Today's impact on Chinese traffic is even smoke, as smoke is too strong to affect the driver's field of vision and traffic. This is because China's economic growth is very fast after China opens the economy and trade to the world, but because there is no time to prevent pollution from economic growth. If countries like China and India (population country) are not beginning to deal with the future environment, it will be very difficult to solve environmental problems.

Confirming population growth, India is the second-highest population in the world after China. However, in terms of density, the land area of ​​India is almost half of the total land area of ​​China. GNI per capita is still very poor because of the high population growth rate. In 2003, it was only 2,880 dollars (World Bank data). Due to its huge human resources, the rapid availability of service departments, the availability of a large number of competent experts, the best market of each product, the expansion of the impact of consumerism, the lack of control, The future of the Indian economy is the interest of foreign entrepreneurs in bright India and the presence of 400 million middle class. Even today India produces the largest number of millionaires annually and Indian multinational corporations take over the amazing enthusiasm of Indians overseas.