Growth Stories

A snapshot of the past and present:

                                       Per Capita GDP (US$)        
                        1964    2013    CAGR
USA                 3574     53042   5.5%    
India                  118      1499   5.2%
Argentina          1166   14715    5.2%
Botswana            71.8   7315     9.6%
China                  84.6   6807     9.2%

Is a change of approach required?

Notes: 1. India and Argentina have very similar land areas
          2. Botswana is considered to be one of the safest countries in
             Africa
          3. PGPM of IIMA started in 1964

Thank you.