A tale of two countries: Why economic reforms produced different outcomes in China and India
By: Nanda, Nitya
.
Material type: 
BookPublisher: Economic and Political Weekly Description: 58(50), Dec 16. 2023: p.53-60.
In:
Economic and Political WeeklySummary: Economic reforms produced different outcomes in China and India. This is because, despite the direction of reforms being very similar, the resultant policy regimes in the two countries were very different. China retained important roles for the public sector and the government, particularly in matters of planning and policy coordination, but India tended to leave everything to the market. Initial conditions, including health, education, and the structure of the economy were favourable for higher growth in China. In addition, certain policies of India made some essential inputs and services relatively expensive, affecting its competitiveness in a liberalised economy.- Reproduced
https://www.epw.in/journal/2023/50/special-articles/tale-two-countries.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 58(50), Dec 16. 2023: p.53-60 | Available | AR130987 |
Economic reforms produced different outcomes in China and India. This is because, despite the direction of reforms being very similar, the resultant policy regimes in the two countries were very different. China retained important roles for the public sector and the government, particularly in matters of planning and policy coordination, but India tended to leave everything to the market. Initial conditions, including health, education, and the structure of the economy were favourable for higher growth in China. In addition, certain policies of India made some essential inputs and services relatively expensive, affecting its competitiveness in a liberalised economy.- Reproduced
https://www.epw.in/journal/2023/50/special-articles/tale-two-countries.html
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