Awakening Giants, Feet of Clay: Assessing the Economic Rise of China and India

Awakening Giants, Feet of Clay: Assessing the Economic Rise of China and India

by Pranab Bardhan
     
 

"Bardhan's book is erudite, informative, and accessible, and his scrutiny of the conventional wisdom about the past quarter century of reform in China and India is always provocative. You do not have to agree with him to be stimulated and rewarded by his insightful scholarship. This book deserves a wide audience."—Tarun Khanna, author of Billions of

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"Bardhan's book is erudite, informative, and accessible, and his scrutiny of the conventional wisdom about the past quarter century of reform in China and India is always provocative. You do not have to agree with him to be stimulated and rewarded by his insightful scholarship. This book deserves a wide audience."—Tarun Khanna, author of Billions of Entrepreneurs: How China and India Are Reshaping Their Futures, and Yours

"Of the several books making general comparisons of the recent growth experiences of China and India, this one is the best I have read. It is full of useful data, it is a great source of information, and it contains insights that will be interesting to general readers."—Kaushik Basu, Cornell University

"This book is an important reference for anyone interested in growth and poverty alleviation in China and India. It makes eye-opening comparisons and offers acute insights across such wide-ranging topics as poverty and inequality, labor and anticompetitive regulations, industrial concentration in India compared to other countries, electricity in Indian agriculture, Chinese financing of roads, and Indian and Chinese business-state relations."—Philip Keefer, World Bank

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Product Details

ISBN-13:
9780691129945
Publisher:
Princeton University Press
Publication date:
04/07/2010
Pages:
192
Product dimensions:
6.30(w) x 9.20(h) x 0.90(d)

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Table of Contents

Ch. 1 Introduction: The Myths Floating around the Giants 1

Ch. 2 Economic Reform and Growth: Differing Patterns and Institutions 19

Ch. 3 Agriculture: Still the Most Crowded Sector 42

Ch. 4 Infrastructure: The Dazzling Difference 54

Ch. 5 High Saving, Low Financial Intermediation 65

Ch. 6 The Pattern of Burgeoning Capitalism 78

Ch. 7 Poverty and Inequality: How Is the Growth Shared? 90

Ch. 8 The Social Sector: The Relevance of the Socialist Legacy 104

Ch. 9 Environment: The Alarming Signs 117

Ch. 10 Looking to the Future: Through the Lens of Political Economy 125

References 161

Index 169

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