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, 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 …For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level … 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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Since the introduction of its "open door" policy in the late 1970s, China has been attracting a growing share of FDI … inflows and its international trade integration has advanced considerably. In this study, we take a closer look at the … Trade- and FDI-led growth in a dynamic error correction modelling framework. Our results indicate that, in the long …
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