India is about to catch up with China and become another Asian miracle economy. Economic Reform in China and India examines …

This book is a comprehensive, balanced and realistic assessment of China's financial reform program and future … financial liberalization, the authors examine the impact of financial reform on economic development in China during the reform … therefore, allow more informed future policy choices for both China and other developing and transitional countries …

Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he … was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a … planned economy to a market economy at the end of 1978. This paper provides answers to the questions: Why was China trapped in …