... colossal expenditures were a direct result of feeling threatened, with a significant portion ending up in the revenues of supplier companies. National defense sectors also reap advantages: India's “Make in India” program aimed at developing domestic production of tanks, aircraft, and ships is justified by the necessity of having an independent capacity to face Pakistan (and China). In Pakistan, military enterprises (factories in Wah, Tarbela, and the Kamra aviation complex) expand under state contracts justified again by the Indian threat. Military establishments invariably lobby for increased ...

... wealth, quality of education and human capital, and demographic characteristics. Let’s explore their influence: GDP and Market Capacity: the larger the economy, the broader the domestic market and more accessible the resources. The U.S., with a GDP of over ... ... entrepreneurial. India, with a median age of ~28 years, has a vast community of young entrepreneurs and consumers of digital products—this creates a nourishing environment for startups in fintech, e-commerce, edtech, and more. Indonesia and Brazil are ...