Recent acceleration of the Indian economic growth rate from 6 to 8
per cent has sparked worldwide speculation that India is about to
catch up with China and become another Asian miracle economy.
Economic Reform in China and India examines this prospect,
reviewing the development strategies pursued by the two countries
over the last 50 years in general and exploring recently introduced
reform measures in particular. The culmination of many years of
research by specialists in these economies, this book assesses the
performance of China and India at both macro and sectoral levels
(including economic, social, political and environmental aspects).
It illustrates the reasons why China has outperformed India in the
past and identifies the obstacles that India will face in its
attempts to catch up with China. Providing solutions for China and
India that can be applied to other developing countries, this book
will be invaluable for researchers, academics and students
focussing on economic development and Asian studies. It will also
receive much attention from investors and government analysts
interested in the strategic implications of the emergence of the
two Asian economic giants.
General
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