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

Pranab Bardhan

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52 ratings by Goodreads

9780198084938: Awakening Giants, Feet of Clay: Assessing the Economic Rise of China and India

Softcover

ISBN 10: 0198084935 ISBN 13: 9780198084938

Publisher: Oxford University Press, 2012

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The recent economic rise of China and India has attracted a great deal of attention. Yet, many of the views regarding this phenomenon have been tendentious, exaggerated, or oversimplified. Awakening Giants, Feet of Clay scrutinizes and demolishes the myths that have accumulated around the economic achievements of these two giants in the last quarter century. While Bardhan examines and compares major policy changes, political and economic structures, and current general performance, he points to accountability failures as marring the development process in both countries.

In a new afterword, the author reflects on the recent economic and socio-political concerns of the two economies and on the nature of capitalism in both countries.

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From the Back Cover:

"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

About the Author:

Pranab Bardhan is Professor of Economics at the University of California, Berkeley.

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