economies (or, in the case of China, its continued rise), the core institutions of communist rule and their evolution, and other … continual institutional change and policy reform in the face of resistance from established interests. So far, China is the only … stakeholders. The paper places the “China Deal” on a spectrum previously limited to the Soviet Big and Little Deals …

difficult to identify the mechanism by which the more pro-business policies of the government were translated to higher growth … services grew as rapidly in India as in China, so that it cannot be said that growth in India was based more on domestic demand …

The relative performance of China and India is compared using two different methods and they provide a very different … goods and services and of gross fixed capital formation. 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 …