Emerging Giants and Lessons for Development: China, India, and Their Different Paths to Progress

Authors

Eskander Alvi Editor, Western Michigan University
Wei-Chiao Huang Editor, Western Michigan University

Publication Date

2024

DOI

10.17848/9780880996952

Abstract

This book explores the differences and commonalities in growth experiences of two looming economic giants, China and India—countries that follow often-contrasting economic, social, and political paths as they struggle to achieve long-term prosperity for their billion-plus populations. The papers included within show that the economic and political realities in the two countries are quite different, and that these realities are deeply embedded in each country’s social framework. China and India are at markedly different stages of economic development but the challenges facing the two countries, unsurprisingly, diverge—not only because of the different stage of development each has reached, but also because their institutions are vastly unlike each other. Thus, each country presents a unique profile of problems and possibilities, and the volume’s six authors explore the topic’s many different aspects with expert insights. The contributors are David Dollar, Shenngan Fan, Yasheng Huang, Kaivan Munshi, and Oded Shenkar.

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Contents

1. Introduction: China and India / Eskander Alvi and Wei-Chiao Huang

2. China’s Domestic and International Economic Challenges / David Dollar

3. The Rise and Fall of Technology in Historical Perspective: Lessons and Experiences from China / Yasheng Huang

4. The Rise and Rise of the Copycats: How Imitators Do One Better Than Innovators / Oded Shenkar

5. Community Networks and Chinese Economic Development / Kaivan Munshi

6. The Tale of the Two New Asian Tigers: Comparative Development of Selected Provinces of China and India since 1980 / Dilip Mookherjee

7. Transforming Chinese Food Systems for Nutritional Improvement and Environmental Sustainability / Shenggen Fan

Note

The chapters in this volume are based on lectures from the fifty-seventh Werner Sichel Lecture Series in 2021–2022 at Western Michigan University.

Sponsorship

W.E. Upjohn Institute for Employment Research and Western Michigan University

ISBN

9780880996952 (ebook)

Subject Areas

INTERNATIONAL ISSUES; Globalization; Trade issues; International labor comparisons; Transition economies; Program development and evaluation