Part 1/16:
Asia's Rapid Development and the Challenges Ahead
Rising Economies Despite Widespread Prosperity Gaps
In India, the story is one of remarkable economic growth contrasted with persistent inequality. Sharik Patan, a van driver living in Mumbai, earns less than $200 a month, exemplifying the struggles faced by millions despite optimistic forecasts. India's economy continues to outpace many others, with the final quarter of 2023 experiencing unexpected growth, prompting ratings agencies like Moody’s to upgrade their 2024 outlook to a robust 6.8% growth forecast.