Is there a way to differentiate between a “developed” nation and a “developing” nation by asking a single question?
I think yes.
When you want to find out if a particular place belongs to the “developed” category just ask a fairly rich local “What is your preferred mode of travel within the city/town anytime during the day? ”
If the answer is a train or a bus or any other public transport, you know you are in a developed country.
(I guess it is simplistic but more often than not the logic is correct.)
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Avishek Gupta
I help drive sustainable development by financing the growth of professionally managed entrepreneurial ventures that solve key social and environmental problems. Having financed and observed over 150 ventures from close quarters, I understand the challenges that such ventures face in scaling up. I have the knowledge of process, financing and technology solutions that can help overcome those challenges. Separately, I have the experience of building businesses that finance early/growth stage companies. Most recently, I was involved with growing Caspian Debt to a full-fledged operating company from an initial 3 member fund investments team.
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