Comparing China and India: Is the dividend of economic reforms polarized?
Comparing China and India: Is the dividend of economic reforms polarized?
Blog Article
The paper compares the economic performance of China and India during the period rowenta dr8270 of their ongoing reform policies.It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India.The results show that national-level development quality grew three times faster in China than in India.Conversely, the health quality index grew three times as fast in India than China over the period 1980-2004, narrowing the gap in outcomes.The overall regional development quality level improved in both countries, but polarization widened in hp 15-ef1005ds China.
The direction of overall inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies.The inter-regional economic polarization in recent years is more pronounced in India.