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India's and China's Recent Experience with Reform and Growth

India's and China's Recent Experience with Reform and Growth »

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

DOI: http://dx.doi.org/10.5089/9780230542815.072

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

China and India already rank among the world's largest economies, and each is moving rapidly toward the center stage of the global economy. In this process, different priorities have been placed on economic reforms...

1. India and China: An Essay in Comparative Political Economy

1. India and China: An Essay in Comparative Political Economy »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

1.1 Introduction India and China are two of the oldest and still extant civilizations. For Europeans, they were legendary seats of immense wealth and wisdom right up to the eighteent...

2. India’s Growth Experience

2. India’s Growth Experience »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

2.1 Introduction Perceptions of India’s economic growth are shifting. In the first three decades after independence in 1947, the economy was known for its steady “Hindu” rate of grow...

3. China’s Economic Growth and Poverty Reduction (1978–2002)

3. China’s Economic Growth and Poverty Reduction (1978–2002) »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

3.1 Introduction This chapter summarizes and evaluates trends of China’s poverty reduction in the period 1978–2002. China has obtained great achievements in poverty reduction since 1...

4. Reform Strategies in the Indian Financial Sector

4. Reform Strategies in the Indian Financial Sector »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

4.1 Introduction Financial sector reforms in India in the 1990s have undeniably advanced the objectives of significantly opening the constituent segments to competition and liberaliz...

5. Financial System Reform and Economic Development in China

5. Financial System Reform and Economic Development in China »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

This chapter reviews the role of China’s financial sector in its economic development, and the challenges that lie ahead. It comes at a time when the world economy is apparently in a stage of readjustment an...

6. Bank Financing in India

6. Bank Financing in India »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

6.1 Introduction The Indian banking sector has been remarkably successful in some respects. Its immense size and enormous penetration in rural areas are exemplary among developing co...

7. Trade Liberalization and Its Role in Chinese Economic Growth

7. Trade Liberalization and Its Role in Chinese Economic Growth »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

7.1 Introduction In terms of their participation in the international economy it would be difficult to envision two more contrasting cases than China and India. Whether the base line...

8. India in the 1980s and the 1990s: A Triumph of Reforms

8. India in the 1980s and the 1990s: A Triumph of Reforms »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

8.1 Introduction While public opinion in India continues to move toward the view that liberalization has been good, that more of it is needed, and that its pace must be accelerated,...

9. Effects of Financial Globalization on Developing Countries: Some Empirical Evidence

9. Effects of Financial Globalization on Developing Countries: Some Empirical Evidence »

Source: India's and China's Recent Experience with Reform and Growth

Series: Seminar Volumes

Author(s): Wanda Tseng , and David Cowen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2007

ISBN: 9780230542815

Keywords: Economic growth, Economic reforms, poverty, investment, share, exchange, services

9.1 Overview The recent wave of financial globalization since the mid-1980s has been marked by a surge in capital flows among industrial countries and, more notably, between industri...