Paradox - India vs Germany

India is projected to grow 7.5% a year over the next decade. Germany? Roughly 1%. So why are Indians moving to Germany? Because growth and prosperity are two different things: India is growing from a much lower income base, while Germany starts with decades of accumulated wealth, capital, infrastructure and social security. A highly skilled Indian worker can therefore earn far more by moving to Germany, even while the Indian economy around him grows several times faster.

And that creates a fascinating paradox: Germany needs Indian workers because Germany is slowing down. India supplies them because India is growing up. Today, migration flows from the high-growth economy to the slow-growth economy. If India's growth compounds for another 20 years, will that still be true?