IDEAS home Printed from https://ideas.repec.org/a/eaa/aeinde/v4y2004i1_1.html
   My bibliography  Save this article

China and India: Two Asian Economic Giants, Two Different Systems

Author

Listed:
  • Klein, L. R.

Abstract

In this essay, I am going to focus attention on China and India as new economic juggernauts that are having great influence at the present time. Of course, those two powerful economies may be joined by others that are large and dynamic at the present time, but movements of others do not come up to the pace being set by the above two Asian economic giants. The Chinese economy has exceeded expectations since 1978 by the widest of margins. It is prosperous; it overcame the food supply matter at the beginning; it is now delivering middle class and upper middle class living conditions to its citizens. India is joining the high-growth club of nations, but in their own way, as a democratic nation. Politically and culturally, the two nations differ markedly, but economically they have some great similarities.

Suggested Citation

  • Klein, L. R., 2004. "China and India: Two Asian Economic Giants, Two Different Systems," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 4(1).
  • Handle: RePEc:eaa:aeinde:v:4:y:2004:i:1_1
    as

    Download full text from publisher

    File URL: http://www.usc.es/economet/reviews/aeid411.pdf
    Download Restriction: No

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Felipe, Jesus & Laviña, Editha & Fan, Emma Xiaoqin, 2008. "The Diverging Patterns of Profitability, Investment and Growth of China and India During 1980-2003," World Development, Elsevier, vol. 36(5), pages 741-774, May.
    2. Guisan M.C., 2007. "Industry, Foreign Trade and Development: Econometric Models of Africa, Asia and Latin America 1965-2003," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 4(1), pages 5-20.
    3. Chaitanya, K., 2004. "Indian Economy in the Next Five Years: Key Issues and Challenges, 2005-2009," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 4(4).
    4. Krishna Chaitanya, & Emilia Vazquez Rozas, 2008. "Are Emerging Economies Fdi Inflows Cointegrated With Fdi Inflows Of China? ??? An Empirical Investigation," William Davidson Institute Working Papers Series wp904, William Davidson Institute at the University of Michigan.
    5. Pulido San Román, Antonio & Pérez García, Julián, 2006. "Lawrence R. Klein and Applied Economics/Lawrence R. Klein y la economía aplicada," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 24, pages 43-94, Abril.
    6. VAZQUEZ-ROZAS, Emilia & VADLAMANNATI, Krishna Chaitanya, 2009. "Direct Foreign Investments In India: Potential & Performance Of Fdi Inflows From United States As Strategic Major Investor," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(2).
    7. Sudip Ranjan Basu, 2007. "Comparing China and India: Is dividend of economic reforms polarized?," IHEID Working Papers 01-2007, Economics Section, The Graduate Institute of International Studies.
    8. Hall, Stephen George & Roudoi, Andrei & Albu, Lucian Liviu & Lupu, Radu & Calin, Adrian Cantemir, 2014. "Lawrence R. Klein and the Economic Forecasting – A Survey," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 5-14, March.
    9. GUISAN, Maria-Carmen, 2008. "Manufacturing and Economic Development: Inter-sectoral relationships in Europe, America, Africa and Asia-Pacific, 1999-2006," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 8(2), pages 73-88.

    More about this item

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:4:y:2004:i:1_1. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan). General contact details of provider: http://www.usc.es/economet/eaa.htm .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.