Genetic Diversity as Comparative Advantage

It’s always fascinating to spot new comparative advantages:

In the race to attract global drug companies seeking a suitable destination to do clinical research, India could well pip its dragon competitor. And the India-advantage literally lies in its genes.

The country has a heterogeneous mix of people, unlike China’s homogenous population and this could tip the balance in favour of India, said Mr Swapan Bhattacharya who heads TCG Lifesciences.

Several gene types such as Caucasians, Mogoloids and Australoids can be found in India, explained an industry representative. So if a company is looking for different gene pools in a single location, India stands to gain. [Hindu Business Line]

Recall that ethnic fragmentation has also been found to be detrimental to economic growth.