India's emergence as the defining economic story of the twenty-first century has been predicted, with considerable confidence, for at least thirty years. The prediction keeps being revised forward. Understanding why tells you something important about the gap between demographic destiny and institutional capacity. The structural case for India is genuinely strong. It has the … [Read more...] about India’s Moment and Why It Keeps Getting Delayed
geopolitics
Why Water Is the Next Resource War
Oil shaped the geopolitics of the twentieth century. Water is positioned to do the same for the twenty-first, and the transition is already underway in ways that are poorly covered relative to their strategic importance. The basic arithmetic is unfavorable. Global freshwater demand has grown at roughly twice the rate of population growth over the past century, driven by … [Read more...] about Why Water Is the Next Resource War