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A Comparative Study of the Economic Reforms in China and India: What Can We Learn?

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  • Shaomin Li
  • Anil Nair

Abstract

The last quarter of the twentieth century was characterized by economic reforms in many formerly state-dominated economies. Among them, the reform attempts by China and India have attracted increasing attention in the popular media and academic research. This paper contribute to this research by using institutional theory to analyse the reforms in China and India and develop a framework to explain how reforms evolve. This study contributes to the theoretical understanding of the dynamics of reform, helps policy-makers to formulate reform strategy, and international business executives to project the developmental trends in two of the world's largest emerging markets.

Suggested Citation

  • Shaomin Li & Anil Nair, 2007. "A Comparative Study of the Economic Reforms in China and India: What Can We Learn?," Global Economic Review, Taylor & Francis Journals, vol. 36(2), pages 147-166.
    • Handle: RePEc:taf:glecrv:v:36:y:2007:i:2:p:147-166
    DOI: 10.1080/12265080701374099
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    References listed on IDEAS

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    1. Rosen, George, 1992. "Contrasting Styles of Industrial Reform," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226726465.
    2. World Bank, 1996. "World Development Report 1996," World Bank Publications - Books, The World Bank Group, number 5979, April.
    3. World Bank, 2002. "World Development Indicators 2002," World Bank Publications - Books, The World Bank Group, number 13921, April.
    4. Nirupam Bajpai, 2002. "A Decade of Economic Reforms in India: the Unfinished Agenda," CID Working Papers 89, Center for International Development at Harvard University.
    5. Frieden, Jeffry A., 1991. "Invested interests: the politics of national economic policies in a world of global finance," International Organization, Cambridge University Press, vol. 45(4), pages 425-451, October.
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    Cited by:

    1. Manish Popli & Ashutosh Sinha, 2014. "Determinants of early movers in cross-border merger and acquisition wave in an emerging market: A study of Indian firms," Asia Pacific Journal of Management, Springer, vol. 31(4), pages 1075-1099, December.
    2. Anil Nair & Mehdi Sharifi Khobdeh & Aydin Oksoy & Orhun Guldiken & Chris H. Willis, 2023. "A review of strategic management research on India," Asia Pacific Journal of Management, Springer, vol. 40(4), pages 1341-1392, December.
    3. Popli, Manish & Raithatha, Mehul & Fuad, Mohammad, 2021. "Impact of institutional imprinting on the persistence of superior profits: A study of regulatory punctuation in India," Journal of Business Research, Elsevier, vol. 124(C), pages 223-235.
    4. Anil Nair & Orhun Guldiken & Stav Fainshmidt & Amir Pezeshkan, 2015. "Innovation in India: A review of past research and future directions," Asia Pacific Journal of Management, Springer, vol. 32(4), pages 925-958, December.

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