LEADER 04760nam 2200733Ia 450 001 9910828344203321 005 20200520144314.0 010 $a1-283-71722-0 010 $a1-4008-4500-9 024 7 $a10.1515/9781400845002 035 $a(CKB)2670000000276308 035 $a(EBL)1042906 035 $a(OCoLC)845246852 035 $a(SSID)ssj0000356913 035 $a(PQKBManifestationID)16238366 035 $a(PQKBTitleCode)TC0000356913 035 $a(PQKBWorkID)10352844 035 $a(PQKB)21148027 035 $a(DE-B1597)453842 035 $a(OCoLC)1013957983 035 $a(OCoLC)1029814933 035 $a(OCoLC)1032677787 035 $a(OCoLC)1037979817 035 $a(OCoLC)1041990965 035 $a(OCoLC)1046608339 035 $a(OCoLC)1047021206 035 $a(OCoLC)1049625659 035 $a(OCoLC)1054879249 035 $a(OCoLC)979624253 035 $a(DE-B1597)9781400845002 035 $a(MiAaPQ)EBC1042906 035 $a(EXLCZ)992670000000276308 100 $a20090821d2010 uy 0 101 0 $aeng 135 $aurnn#---|u||u 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acz$2rdacarrier 200 10$aAwakening giants, feet of clay $eassessing the economic rise of China and India /$fPranab Bardhan 205 $aWith a New afterword by the author 210 $aPrinceton, N.J. $cPrinceton University Press$dc2010 215 $a1 online resource (189 pages) 300 $aDescription based upon print version of record. 311 0 $a0-691-15640-9 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tPreface --$tChapter 1. Introduction: The Myths Floating around the Giants --$tChapter 2. Economic Reform and Growth: Differing Patterns and Institutions --$tChapter 3. Agriculture: Still the Most Crowded Sector --$tChapter 4. Infrastructure: The Dazzling Difference --$tChapter 5. High Saving, Low Financial Intermediation --$tChapter 6. The Pattern of Burgeoning Capitalism --$tChapter 7. Poverty and Inequality: How Is the Growth Shared? --$tChapter 8. The Social Sector: The Relevance of the Socialist Legacy --$tChapter 9. Environment: The Alarming Signs --$tChapter 10. Looking to the Future: Through the Lens of Political Economy --$tAfterword to the Paperback Edition --$tReferences --$tIndex 330 $aThe recent economic rise of China and India has attracted a great deal of attention--and justifiably so. Together, the two countries account for one-fifth 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 short-run 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 factors--not 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. 607 $aChina$xEconomic policy$y2000- 607 $aIndia$xEconomic policy$y1991- 607 $aChina$xEconomic conditions$y2000- 607 $aIndia$xEconomic conditions$y1991- 607 $aChina$xSocial conditions$y2000- 607 $aIndia$xSocial conditions$y20th century 607 $aChina$xEconomic conditions 607 $aIndia$xEconomic conditions 676 $a338.951 700 $aBardhan$b Pranab K$0120966 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910828344203321 996 $aAwakening giants, feet of clay$91131562 997 $aUNINA