CHINA & INDIA POOR STATISTIC

Question 1

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Answer 1

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Question 2

Expansion is it true “Miracle”

Answer 2

China & India Fundamentally different, it has had more success in poverty reduction. It’s a different institutional system.State has substantial control over its system, - Able to control the nature of the growth directly thru The Central stateBecause, - it had a revolution and land reforms and egalitarian income distribution, - it was operating much more equal asset base this made the economy in India & china different, - India no transformation, unequal society. Poverty reduction in china 80 & 90 - Agriculture price rules and helped Farmers.

Question 3

What’s india’s growth?

Answer 3

Indian growth is more like a Latin American story.This global success story of India is a peculiar success story, nutrition indicators are down with subs sharan Africa. Real wages are falling Whole range of human development is abysmal