There is no mystery to long term global sucsess in the modern global economy. Natural
resources can be an impediment to the development of a modern functional economy.
1 Political Stability and respect for forgeign investors. Policitcal stability with respect for private property is essential for economic growth. Communists should be expelled or better yet killed as their predations create havoc. Far more people have died in crime waves in Uncle Hugo's blunderland or via ANC misrule in South Africa. Investors shun both countries for obvious reasons. Why should anyone invest in countries where communist vermin will readilly steal what they did not create. China's growth was due to respecting property rights and ditching any tendency towards economic malfeasance that accompanies Marxist theft.
2 First rate educational system. India and China have excellent educational systems that are in many ways superior to ours. Their students are unburdened by useless political classes by low rent Noam Chomsky wannabe types.
3 Keep political corruption in check. Constant payoffs and graft scares investors.
4 Utilization of females in the workplace. A modern economy can not be created with Flinstone era sexist sharia laws that keep 50% of the population out of the workforce.
India is a perfect example of these rules in action. Zimbabwe is an example of how violation of these laws creates a disaster.
Beamish in 08