Africa-South Asia
Regions and colonies all around the eastern hemisphere were diverse and comparable in different ways from post World War II (1945) to present day. Aspects regarding economy and society like marches for independence and freedom predominated in the two regions. India and South Africa both reached economical stability and political equality by management of foreign investment and internal investment, providing different alternatives to established policies, and by establishing religious and social differences. Economy constantly changed for both nations, changing politics as well as leaders.
South Asia and Africa had different points of view on a constantly growing economy after times of devastation (WW2). Both with different ideas of an ideal economy, but with the same goals, which made their economies grow differently until the current day. After World War II Jawaharlal Nehru, India’s first prime minister, desired to obtain the proficient route of transporting resources, which many fellow countries like Russia had. Jawaharlal saw the private sector as a waste of time and didn’t believe that the PSD method economy would give India economical advances. After denying the Private Sector, Nehru developed the Economic Activity and Planning Commission (EAPC) which had managing and balancing the economy as main goal. The commission started of strong, but its low rate of change made the commission have poor results. No one denied the commission and eventually it reached economical stability, but it slow growth meant that the state enterprises were hurting public goods and resources. In 1980 The Indian nation believed in change when Nehru’s grandson came into rule. Nehru’s grandson just created more liberal policies and bad economic decisions about foreign trade, which led India into a slow economical crisis. When Rajiv Gandhi came to power on 1984 he completely turned around Indian economy. Rajiv increased