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1. Watch India’s invisible innovation
2. Watch Why nations should pursue soft power
4. Initial Post:
- Under a totalitarian government, the Indonesian economy grew strongly for 30 years. Meanwhile, the economy of the largest functioning democracy, India, performed poorly for decades until recently.
Do you think the Indonesian economy grew despite or because of a totalitarian regime? What might explain India’s relatively poor performance under a democratic political system? What do you think you need to know about doing business in either of these 2 regions?