Winter is approaching, and the mercury will soon drop in my new home of New Delhi, India, but not its economic growth. Delhi is a prime example of the impact of India’s rapid economic development. Skyrocketing employment makes it a magnet for the impoverished from surrounding states. Over the past three decades, India adopted a largely free-market economic policy, resulting in rapidly increasing investment from abroad and individuals empowered by freedom to trade without major … [Read more...]