Fan, Peilei - World Institute for Development Economic Research … - 2008
Both China and India, the emerging giants in Asia, have achieved significant economic development in recent years …. China has enjoyed a high annual GDP growth rate of 10 per cent and India has achieved an annual GDP growth rate of 6 per … cent since 1981. Decomposing China and India?s GDP growth from 1981 to 2004 into the three factors? contribution reveals …