China and India will be growth dynamos of the coming Asian Century. Both societies are changing fast, with different sectors and elites in the vanguard, not just at home but also in the global economy. However, as fault lines in China's export-led growth model emerge, bigger bets are being placed on India's enormous potential. By 2012, India's economy will be growing as fast as China's; by 2015, it could be growing much faster.
—Arpitha Bykere, senior research analyst, Asia
Visit Roubini.com for more on the global economy.
TODAY IN SLATE
The World’s Politest Protesters
The Occupy Central demonstrators are courteous. That’s actually what makes them so dangerous.
The Religious Right Is Not Happy With Republicans
The Feds Have Declared War on Encryption—and the New Privacy Measures From Apple and Google
The One Fact About Ebola That Should Calm You
It spreads slowly.
These “Dark” Lego Masterpieces Are Delightful and Evocative
How White Boy Rick, a legendary Detroit cocaine dealer, helped the FBI uncover brazen police corruption.
Black people’s disdain for “proper English” and academic achievement is a myth.