India's troubling trends could affect us all

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If you play a sheer numbers game, India’s economy will one day be the world’s largest. But right now, it’s in trouble. As this New York Times article shows, India’s economy has slowed significantly, making it a more important story than the plight of the eurozone. This article puts the blame on several issues, including a reluctance to embrace foreign business and investment, energy infrastructure, and the legal system. It ends by warning that we ignore these trends “at our peril”.