"This book presents a wide-ranging assessment of the current state of China's economy in relation to the global … international economy. It discusses the role China has played in responding to the economic crisis; assesses the continuing strong … prospects for further economic growth in China; and examines China's deepening integration into the world economy. Specific …

China is now the world's fourth largest economy and growing very fast. India's economic salience is also on the rise …

market economy would be trapped within the confines of a planned economy. With China’s admission into the World Trade …1 The Chinese Birdcage -- 2 Western Triumphalism -- 3 China as the World's Factory -- 4 Housing Bubbles across the … Western Hemisphere -- 5 The Global Financial Crisis -- 6 The Economic Fallout -- 7 Unlimited Supplies of Labor -- 8 China …

Adoption of NEP in 1990-91 was designed primarily to replace slowly growing closed Indian economy by rapidly growing … open economy. The study determines the degree of openness of Indian economy and the profile of time path traversed towards … this goal under NEP. The opening up of the closed economy is expected to have resulted in changes in magnitude, direction …