Asian Century: A Comparative Analysis of Growth in China, India and other Asian Economies
The paper argues that if the Chinese economy had failed, mainstream economics would have described this as completely predictable, given the extent and nature of involvement of the Chinese state in the functioning of markets and the economy. The fact that China has succeeded therefore should lead us to question our textbook doctrines of development. Much of this paper is presented as a comparative study of India, China and, briefly, other Asian nations.
References listed on IDEAS
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- T. N. Srinivasan, 2005. "Comments on "From 'Hindu Growth' to Productivity Surge: The Mystery of the Indian Growth Transition"," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 229-233, September.
- Ramkishen S. Rajan & David A. Kelly, 2006. "Introduction to 'Managing Globalisation': Lessons from China and India," Working Papers id:634, eSocialSciences.
- Kaushik Basu & Annemie Maertens, 2007.
"The pattern and causes of economic growth in India,"
Oxford Review of Economic Policy,
Oxford University Press, vol. 23(2), pages 143-167, Summer.
- Basu, Kaushik & Maertens, Annemie, 2007. "The Pattern and Causes of Economic Growth in India," Working Papers 07-08, Cornell University, Center for Analytic Economics.
- David Dollar & Shang-Jin Wei, 2007.
"Das (Wasted) Kapital; Firm Ownership and Investment Efficiency in China,"
IMF Working Papers
07/9, International Monetary Fund.
- David Dollar & Shang-Jin Wei, 2007. "Das (Wasted) Kapital: Firm Ownership and Investment Efficiency in China," NBER Working Papers 13103, National Bureau of Economic Research, Inc.
- Mario Biggeri & Marco Sanfilippo, 2009. "Understanding China's move into Africa: an empirical analysis," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 7(1), pages 31-54.
- Basu, Kaushik, 2000.
"Prelude to Political Economy: A Study of the Social and Political Foundations of Economics,"
Oxford University Press, number 9780198296713, December.
- Basu, Kaushik, 2003. "Prelude to Political Economy: A Study of the Social and Political Foundations of Economics," OUP Catalogue, Oxford University Press, number 9780199261857, December.
- Panagariya, Arvind, 2011.
"India: The Emerging Giant,"
Oxford University Press, number 9780199751563, December.
- Fields, Gary S. & Wan, Henry Jr., 1989. "Wage-setting institutions and economic growth," World Development, Elsevier, vol. 17(9), pages 1471-1483, September.
- Dani Rodrik & Arvind Subramanian, 2004. "Why India Can Grow At 7 Percent a Year or More; Projections and Reflections," IMF Working Papers 04/118, International Monetary Fund.
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