Mansfeld, Rostislav; Růžičková, Barbora - In: The impact of globalization on international finance …, (pp. 53-60). 2018
For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level …, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as … well as capital flows to GDP. So why did China outperform India twice in terms of GDP growth and why is India first now …
