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 …

country-studies on China, India, Indonesia and Vietnam, and sub-region studies on East Asia, Southeast Asia and South Asia … reflecting on the future prospects in Asia over the next twenty-five years. Gunnar Myrdal published his magnum opus, Asian Drama …: An Inquiry into the Poverty of Nations, in 1968. He was deeply pessimistic about development prospects in Asia. The fifty …

The volume explores how the southern engines, China, India, Brazil, and South Africa are reshaping the world economy …