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China's Growth and India's Stagnation

A Political and Economic Comparison
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A regular feature in almost publication has been a comparison of India's slow economic growth and, until recently, China's rapid progress. Yet, in 1988, both countries had similar living standards. As things stand, it is undoubtedly a tale of two countries and two systems. Supporters of India can point to the democratic nature of the country's development while ignoring the slow pace of change. China's supporters point to exceptional poverty reduction, urbanization, and infrastructure developments while ignoring the social, religious, and environmental costs these efforts have created. However, popular media has ignored the fact the individual starting points of the two nations, a gap which this book fills. This study examines how China's economic reforms was initiated with Deng Xiaoping's fang-shou ('letting go' and 'tightening up') efforts between 1978 and 1989. However, until 1989 China had nothing much to demonstrate compare with India. Both countries had similar per head national income but India was technologically much superior to China. The reforms in China then accelerated in a sustained manner-be it the Family Responsibility System that transformed agriculture, the opening up of the industrial sector for the growth of local enterprises and foreign investments, or the substantial effort to make state-owned enterprises more efficient.
Dipak Basu is professor emeritus of economics at Nagasaki University. Victoria Miroshnik is professor of management at Reitaku University.
Chapter 1: Arrival of the Muslims Chapter 2: India under the Muslim Rule Chapter 3: East India ompany's rule and the Muslims Chapter 4: The Twentieth Century and the Economic Condition of Muslims Chapter 5: Jinnah and the Creation of Pakistan Chapter 6: Gandhi and Creation of Pakistan Chapter 7: Creation of a Separate State Chapter 8: Cultural Explanations for the Partition Chapter 9: A plan to reunite countries in South Asia
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