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To: Pokey78

If Indian accountants are so great why is there so much poverty in India? Is India really any better off than Africa?


19 posted on 06/09/2005 1:06:23 PM PDT by johnb838 (In the Name of the Father and of the Son and of the Holy Spirit, Amen.)
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To: johnb838
India's 20th century leadership had a noted distain for capitalism. This attitude, combined with corruption and the caste system doomed them to third world status.

But they've smartened up, just like the Chineese, by empracing regulatory reform and encouraging free market capitalism.

It's not that their accounting is so much better, it's that they currently have the bussiness climate which allows them to perform the bussiness at a price so low it makes that outsourcing worthwhile for their customers.

34 posted on 06/10/2005 11:18:02 AM PDT by tjg
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