India & China

Meghnad Desai
India & China: An Essay in Comparative Political Economy

“….we are discussing China and India not as failures nor for their ancient wisdoms, but as dynamic modern economies. .. tell the world not to be afraid of China’s economic power. …laws to prevent their businesses outsourcing work to India’s software and telecommunication services. Together the two countries account for 19.2% of world GDP – China 11.5% and India 7.7%. This is still below their share of world population 37.5% – with China 21% and India 16.5%.”