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This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of … compare changes in performance since the reforms, which started in China in 1979 and in India in 1991. Such a comparison shows … in making progress towards the Millennium Development Goals (MDGs) and India lags behind other South Asian countries. The …
Persistent link: https://www.econbiz.de/10012459638
The relative performance of China and India is compared using two different methods and they provide a very different …Using a two tailed- test we find that China does better than India for most of these indicators. For instance, China … has a higher growth rate of per capita income, XGS and GFCF as also a higher share of XGS, GFCF etc in GDP than does India …
Persistent link: https://www.econbiz.de/10012459656
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To study the effects of the dramatic economic reforms undertaken in India in the early 1990s on inequality, this paper …
Persistent link: https://www.econbiz.de/10012461400
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Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be...
Persistent link: https://www.econbiz.de/10012468127
Although macroeconomic forecasting forms an integral part of the policymaking process, there has been a serious lack of rigorous and systematic research in the evaluation of out-of-sample model-based forecasts of China's real GDP growth and CPI inflation. This paper fills this research gap by...
Persistent link: https://www.econbiz.de/10012456277
contributed to the demise of the economy in the 1970s and 1980s. I also analyze the role played by foreign aid in the subsequent … (after 1996) recovery of the country. I emphasize both technical as well as political economy issues related to imbalances …
Persistent link: https://www.econbiz.de/10012460895
Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude that the relation between openness and growth is not a...
Persistent link: https://www.econbiz.de/10012462077