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

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A Comparative Look At The Astonishing Economic Rise Of Modern China And Indiathe Recent Economic Rise Of China And India Has Attracted A Great Deal Of Attentionand Justifiably So. Together, The Two Countries Account For Onefifth Of The Global Economy And Are Projected To Represent A Full Third Of The World'S Income By 2025. Yet, Many Of The Views Regarding China And India'S Market Reforms And High Growth Have Been Tendentious, Exaggerated, Or Oversimplified. Awakening Giants, Feet Of Clay Scrutinizes The Phenomenal Rise Of Both Nations, And Demolishes The Myths That Have Accumulated Around The Economic Achievements Of These Two Giants In The Last Quarter Century. Exploring The Challenges That Both Countries Must Overcome To Become True Leaders In The International Economy, Pranab Bardhan Looks Beyond Shortrun Macroeconomic Issues To Examine And Compare China And India'S Major Policy Changes, Political And Economic Structures, And Current General Performance.Bardhan Investigates The Two Countries' Economic Reforms, Each Nation'S Pattern And Composition Of Growth, And The Problems Afflicting Their Agricultural, Industrial, Infrastructural, And Financial Sectors. He Considers How These Factors Affect China And India'S Poverty, Inequality, And Environment, How Political Factors Shape Each Country'S Pattern Of Burgeoning Capitalism, And How Significant Poverty Reduction In Both Countries Is Mainly Due To Domestic Factorsnot Global Integration, As Most Would Believe. He Shows How Authoritarianism Has Distorted Chinese Development While Democratic Governance In India Has Been Marred By Severe Accountability Failures.Full Of Valuable Insights, Awakening Giants, Feet Of Clay Provides A Nuanced Picture Of China And India'S Complex Political Economy At A Time Of Startling Global Reconfiguration And Change.

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Frequently Asked Questions

  • Q: What is the main focus of 'Awakening Giants, Feet of Clay'? A: The book provides a comparative analysis of the economic rise of China and India, examining their market reforms, growth patterns, and the challenges they face in becoming global economic leaders.
  • Q: Who is the author of this book? A: The author is Pranab Bardhan, an economist known for his insights into the political economy of China and India.
  • Q: What are the key themes discussed in the book? A: Key themes include economic growth, poverty reduction, the impact of political systems on development, and the comparison of agricultural, industrial, and financial sectors in China and India.
  • Q: How does the author view the economic achievements of China and India? A: Bardhan critiques the often exaggerated narratives surrounding their economic achievements, emphasizing a need for a nuanced understanding of their development.
  • Q: Is this book suitable for academic study? A: Yes, the book is well-researched and provides valuable insights, making it suitable for students and scholars interested in economics and political science.
  • Q: What type of binding does the book have? A: The book is available in hardcover binding.
  • Q: When was 'Awakening Giants, Feet of Clay' published? A: The book was published on April 11, 2010.
  • Q: How many pages does the book contain? A: The book contains a total of 192 pages.
  • Q: What condition is the book in? A: The book is listed as being in good condition.
  • Q: What edition of the book is available? A: The available edition is the 56676th edition.