| 000 -LEADER |
| fixed length control field |
01514pab a2200193 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
180718b2009 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Basu, Kaushik |
| 245 ## - TITLE STATEMENT |
| Title |
China and India: idiosyncratic paths to high growth |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
| Date of publication, distribution, etc. |
2009 |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
p.43-56. |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
| Dates of publication and/or sequential designation |
19 Sep |
| 520 ## - SUMMARY, ETC. |
| Summary, etc. |
If the Chinese economy had failed, mainstream economics would have described this as completely predictable, given the extent and nature of involvement of the Chinese state in the functioning of markets and the economy. The fact that China has succeeded therefore should lead us to question our textbook doctrines of development. Much of this paper is presented as a comparative study of India, China and, briefly, other Asian nations. It is shown that the mainsprings of development in these nations are widely different, even though their trajectories of growth are converging. The paper argues that social and political priming plays a major role in determining which economic policies will work. In the case of China, while the liberalisation from 1978 onwards was important, the social preconditioning achieved during the high-noon of the Maoist period, up to 1978, was no less significant. In judging the sustainability of growth in Asia it is essential to keep these social and political factors in mind. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Economic growth - India |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Economic growth - China |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Economic growth |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Economic and Political Weekly |
| 908 ## - PUT COMMAND PARAMETER (RLIN) |
| Put command parameter |
N |
| 909 ## - |
| -- |
83989 |