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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 …
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such as Japan about whether it perform FDI to an emerging economy such as Russia and China and about a degree of FDI …
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't seem surprising. For, succeeding in the emerging markets like India or China often requires developing market …
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