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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 …
Persistent link: https://www.econbiz.de/10011444894
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 …
Persistent link: https://www.econbiz.de/10011451414
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707
The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...
Persistent link: https://www.econbiz.de/10010653526
showed that China put greater focus towards infrastructure development, removing tariff and non tariff barriers, development … of skilled labors, cost effectiveness and speedy decision making ability. On the other hand India's focal point was the … service sector like IT-sector. The study also indicated that India had better financial, political and legal practices as …
Persistent link: https://www.econbiz.de/10012966385
The comparison of China's and India's economic trajectories over the last 40 years reveals the massive potential of … targeted policies for economic development (in general) and economic growth (in particular). In the early 1980s India and China … is 5 times smaller than China's and GDP per capita is $2010 in India vs. $9771 in China. Accordingly, nowadays most of …
Persistent link: https://www.econbiz.de/10012836732
This paper attempts to examine, compare and forecast the per capita GDP of India, the USA, China, and Japan for a … ARIMA approach. The ARIMA equation varies for each country chosen. The notation for China is ARIMA (2,2,0), for India it is … of India catches up with that of US and Japan. The GDP growth rates of India after 1999 are much faster as compared to …
Persistent link: https://www.econbiz.de/10013216161
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10012978447
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of cultural...
Persistent link: https://www.econbiz.de/10012995387