As China is emerging as an economic super power of global proportion, there is merit incomparing it to the performance of the Indian economy, particularly during its post reformera. In this article the author focuses ...As China is emerging as an economic super power of global proportion, there is merit incomparing it to the performance of the Indian economy, particularly during its post reformera. In this article the author focuses on the two economies and analyses why China turnedout to be commendable economic success while India, despite having minor achievements,cannot be considered a comparable case. Although China started on its reform path from asomewhat lower economic level, it outperformed India by a wide margin. In all the measurableareas of economic performance, China measures far superior to India. The article makes aclose comparison and explains the reasons behind the lackluster performance of the Indiaeconomy. Delayed, poorly visualized, shallow and inadequately implemented reforms isonly one of the myriad of reasons behind Indian economy’s jaded and uninspiring show.There are several traditional non-economic idiosyncrasies that caused the Indian economyto under-perform.展开更多
文摘As China is emerging as an economic super power of global proportion, there is merit incomparing it to the performance of the Indian economy, particularly during its post reformera. In this article the author focuses on the two economies and analyses why China turnedout to be commendable economic success while India, despite having minor achievements,cannot be considered a comparable case. Although China started on its reform path from asomewhat lower economic level, it outperformed India by a wide margin. In all the measurableareas of economic performance, China measures far superior to India. The article makes aclose comparison and explains the reasons behind the lackluster performance of the Indiaeconomy. Delayed, poorly visualized, shallow and inadequately implemented reforms isonly one of the myriad of reasons behind Indian economy’s jaded and uninspiring show.There are several traditional non-economic idiosyncrasies that caused the Indian economyto under-perform.
