Jeremy Siegel is a very accomplished professor of Finance at Wharton Business School, UPenn. He is writing a two part article on India Vs. China.
India lags in the hard infrastructure of roads, airports, and buildings, but leads in the "soft" infrastructure of democratic institutions, free press, and an independent judiciary.
Can any democratically elected government be un-palatable to US? Looks like the newly elected palestinian govt. is going to be formed by Hamas, which is considered by the US govt. to be a terrorist organization. The US policy is that they don't negotiate with terrorists. Is it OK to work with a democratically elected "terrorist" group? Will Hamas modify their ways to match the requirements put forth by US et. al. and give up their militant branch. Lets wait and watch.
