China and India : a tale of two economies / Dilip K. Das.

Includes bibliographical references (pages 163-172) and index.

1. Comparing the comparables -- Juxtaposing two populous giants -- Comparing pre-modern China and India -- Twists and turns in the twentieth century -- Relative statistical profiles of the two economies -- A plausible place in the global economy -- Alarm bells for the global economy? -- A larger potential global impact for China? -- How does each perceive the other? -- Conclusion and summary -- 2. Diverse economic growth paths -- Discarding deliberate isolationism and launching into concerted growth -- Income and poverty trends -- Motivation and launching of the reform programs -- China : reform paradigm and economic growth -- India : reform paradigm and economic growth -- Comparison of manufacturing sectors and export performance -- Comparing the business environment in China and India -- Why has India lagged behind China? -- Sustainability and attainability of high growth rates -- Conclusions and summary -- 3. The dragon's breath : the transitioning Chinese economy -- Introduction -- Why did the reform and liberalization program succeed? -- The high growth environment and deflation -- Saving and investment rates -- As China emerges as a large trading economy -- Foreign direct investment flows -- Impact of the transitioning Chinese economy on the Asian economies -- Advanced-technology exports : another global accomplishment -- Swaying regional and global economies -- Conclusions and summary -- 4. The elephant's saunter : the transitioning Indian economy -- Introduction -- Fervent dirigisme and recent growth trends -- The fiscal-cum-balance-of-payments crisis -- Achievements of reforms and lack thereof -- Integration with the global economy -- Growth momentum in the tertiary sector -- Dynamism in Indian companies -- Transition to a high growth trajectory? -- Conclusion and summary -- 5. Crouching tiger, hidden dragon : how the two emerging economies interact with each other -- Historic intellectual, cultural and economic relations -- Bilateral relations during the contemporary period -- Rapid bilateral trade expansion -- Foreign direct investment -- Building closer economic bonds -- Conclusion and summary.

The economies of the People's Republic of China and India are market economies which account for more than a third of the global population. This book compares and contrasts the two economies. It delves into the constructive and favourable side as well as adverse and unfavourable side of the two economies.