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Economic Reform in China and India

Development Experience in a Comparative Perspective

Joseph C.H. Chai and Kartik Roy

Recent acceleration of the Indian economic growth rate from 6 to 8 per cent has sparked worldwide speculation that India is about to catch up with China and become another Asian miracle economy. Economic Reform in China and India examines this prospect, reviewing the development strategies pursued by the two countries over the last 50 years in general and exploring recently introduced reform measures in particular.

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