India shining, but global glitter still hard to resist
by Namrata Singh
So, why still the foreign fascination [in India]? Bhaskar Chakravorti, senior associate dean, The Fletcher School, Tufts University, offers an explanation. One, there is an evident slowdown in economies across the world, including emerging markets. “Even economies such as India that are experiencing a rare burst of growth do not hold a promise that this growth is going to last and lead to exciting new jobs. The alternative is to look elsewhere beyond one’s home market with the hope that somehow the grass is going to be greener on the other side,” said Chakravorti.