10 place 45

371 Labor Arbitrage RIP

Slashdot
msmash @ Slashdot · 03/28/2025 00:30 EDT

Labor Arbitrage RIP

An anonymous reader shares a report: For decades, India's economic promise has rested on its demographic dividend -- the competitive edge of a massive, young, and increasingly educated workforce. Economists and policymakers have routinely cited the country's population profile as its ticket to economic superpower status, with projections of reaching $10 trillion in GDP and achieving high-income status by 2047. These forecasts depend heavily on a critical assumption: that roughly 500 million Indians currentl

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