ColdTusker writes about the recent Forbes Billionaires list:
The list is an - somewhat skewed - indictation of what economic reforms can do for a country. Africa has a few billionaires - Dangote of Nigeria & some S.Africans - but the combined wealth of the top 4 Indian billionaires is far greater than most African countries' GDP...Unlike many Kenyans - and Africans - who continue harping about 'colonialism'... India has moved on...
I have said that Kenya (and Africa) needs to look at India for development ideas. It remains a model for African countries.
It has:
-Democracy - albeit often flawed
-Diverse population, cultures & languages
-Wide economic base that was very low 20 years ago
-Agragian based economy until 5 years ago. Agriculture still remains the core mainstay for most Indians
-A former British colony - I don't think this is a handicap. I am just saying that Africans should quit moaning
-Huge educated diaspora in the Western world
-Huge entrepreneurial diaspora in the Western world
-Navigated tough shoals regarding sectarian violence e.g. Khalistan ('seccession' war), Hindu-Muslim riots, Wars with Pakistan, War with China, Caste (Tribal-style divisions) discriminations, etc
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