This paper examines the country specific effect of policy reform on infrastructure spending in China and India. In … China we have examined how marketization and decentralization has affected the composition of provincial public expenditure … observed that in China with a lower marketization level in 1986-1992, fiscal decentralization had positive effect on …

The rise of China and India is rapidly reshaping the world economy, with far-reaching implications for every national … Engines of Global Growth', this volume explores the foundations of China and India's development experiences and strategies … trade and investment inflows, and comparatively analyses the prospects, driving forces and implications of the rise of China …