, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean … are explored, while the contrasts of India's development, and the distinction between liberalization and reform are …

Mukherji -- Chasing China: can India bridge the gap? / Subramanian Swamy -- India's reform strengths / James Manor -- Part III … / Edward Friedman -- China rethinks India / Huang Jinxin -- Development and choice / Tony Saich -- Conclusion / Bruce Gilley …

given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained … unprecedented growth and economic development-PRC and India became the second and fourth largest economies of the world … from US$341 in 1990 to US$4,421 in 2010 whereas India posted a four times growth from US$384 in 1990 to US$1,342 in 2010 …