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IS INDIA A MATCH FOR CHINA? |
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Questioning the Grounds for Optimism |
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By GK Rajesh |
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Size: 90 KB; 10 pages |
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© GK Rajesh 2007 |
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India and China are two of the largest agrarian economies in the world. China still continues to be a single party ruled, authoritarian state where as India is a multi party democracy with a market economy. After reforms both the countries have attracted global attention by their spectacular achievements in economic growth and trade participation. A current debate is on the comparative performance of the two countries. Some observe that by 2025 China will be world’s workshop where as India, its office. But a comparison of the current performance and advancement over the years reveal that India is crawling much behind China if the subject countries are taken as engaged in a running race competition. |
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GK Rajesh MPhil Scholar, Center for Development Studies, Thiruvananthapuram, Kerala |
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