Indian Economics Thread II

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mossen

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If you believe that education is the foundation for national wealth then your long-term bets on India needs to reflect that fact.

Female literacy:

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>50% of kids are functionally illiterate.

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What about improvement over time? There is basically none.

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To be clear, private schools are not "better". They just have students from richer families which have more educated parents, greater support from home etc. It's a selection effect, and nothing to do with the schools themselves.

Postscript: I wrote in this thread a few weeks ago about how the Indian diaspora in the West is extremely unrepresentative of their country. Most of them describe themselves (falsely) as "middle-class" when in reality they are the top 5% elite of their country. They think just because they weren't in the top 0.1% then it means they are "middle-class".

Understand this whenever you see policy discussions on India in the West. The diaspora people taking part are extreme outliers who often have no idea themselves how far behind their own country is for the average person.
 

azn_cyniq

Junior Member
Registered Member
If you believe that education is the foundation for national wealth then your long-term bets on India needs to reflect that fact.

Female literacy:

20230701_ASC648.png


>50% of kids are functionally illiterate.

20230701_WOC697.png


What about improvement over time? There is basically none.

20230701_ASC643.png


To be clear, private schools are not "better". They just have students from richer families which have more educated parents, greater support from home etc. It's a selection effect, and nothing to do with the schools themselves.

Postscript: I wrote in this thread a few weeks ago about how the Indian diaspora in the West is extremely unrepresentative of their country. Most of them describe themselves (falsely) as "middle-class" when in reality they are the top 5% elite of their country. They think just because they weren't in the top 0.1% then it means they are "middle-class".

Understand this whenever you see policy discussions on India in the West. The diaspora people taking part are extreme outliers who often have no idea themselves how far behind their own country is for the average person.
The percentage of Chinese children who cannot understand a simple text at age 10 is uncomfortably high...
 
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