Titlebook: Asia‘s Giants; Comparing China and Edward Friedman (professor in the Department of Po Book 2005 Palgrave Macmillan, a division of Nature A

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Karen P. Maruska,Joseph A. Sisneros In different ways and degrees, challenging the old cliché about a miracle in China and a failure in India has emerged as the overarching theme of the assembled chapters. But any paired comparison of countries is bound to bring out other sorts of insights as well and it is worthwhile to ponder these

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Introductionsons between various aspects of the development of these two mega-nations since the late 1940s, the chapters tend to make the case that, contrary to received wisdom, India’s record compares quite well with China’s, and in some instances surpasses it. Rather than preview those issues, in this introdu

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The Causes of Differential Development: Beyond Regime Dichotomiesth countries and assesses the main challenges they face in becoming developed nations. Although China and India account for only 4 percent and 2 percent respectively of global GDP, they account for two-fifths of humanity. Failure to modernize in one or both of these countries would risk confining th

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India’s Reform Strengthsg time, China’s economy was growing much faster than India’s, but that gap too has closed substantially. In recent years, China has received vastly more foreign direct investment (FDI) than India, but India does almost as well with nonethnic Chinese investors. Indian imports still lag behind China’s

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