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Economic Growth in India and China: A Comparative Study, Volume 3

 
Leena Mary Eapen (Author)
Synopsis

Sustained economic growth of a nation mainly hinges on its industrialization as it creates productive employment and generates value added income. During the era of globalization, industry can act as a key agent for securing developmental benefits from rapid international integration, with respect to trade, investment and technology transfer. The factors that contribute to industrialization are technology-driven increase in productivity, human skills and appropriate institutional environment. For developing countries like India and China, industrialization has much to do, due to its direct and indirect effect on social welfare. The direct contribution of industry to social welfare is that it creates jobs for clearly disadvantaged groups like unskilled workers and its indirect contribution is through its promotion of economic growth. Therefore, a prudent industrialization strategy is the need of the hour especially in developing countries. This volume covers the industrial development in India and China and some selected case studies related to this. Both countries followed different industrial policies to complete in the global market. China is much ahead of India in almost all sectors. The articles in this book help to understand the growth strategies initiated by both governments, their benefits and drawbacks, and the measures needed to achieve sustainable growth in the years to come. The book also focuses on case studies relating to top companies in China and India, which help to understand the entry and expansion strategies adopted by these companies.

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About the author

Leena Mary Eapen

Leena Mary Eapen holds an MA in Economics from Madras Christian College. She has submitted her Ph.D dissertation on "Power Sector Reforms in India: A Study of Institutions and Organisational Behaviour" at Madras School of Economics, Chennai. Her areas of specialisation are Energy Economics and Institutional Economics. Currently she is working in the areas of issues of restructuring/privatization of public sector undertakings particularly state electricity boards; issues related to implementation of economic reforms using principles of new institutional economics and political economy of reforms; public finance; and comparative aspects of India and China. She has five years of teaching experience and she has published research papers and popular articles in peer reviewed journals, edited books, Indian business magazines and financial dailies. She has also presented research papers in various national conferences. Currently, she is working as a Faculty Member-Consulting Editor at the IBS Research Center (IRC), Chennai focusing on the development of Professional Reference Books and teaching in the area of Economics.

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Bibliographic information

Title Economic Growth in India and China: A Comparative Study, Volume 3
Format Softcover
Date published: 07.10.2006
Edition 1st ed.
Language: English
isbn 813140174X, 9788131401743
length vi+viii+288p., Tables; Figures; References; Bibliography; Index; 23cm.

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