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Understanding India and China's success: not as straightforward as it seems

Vamsee Kanchi's picture

 

Pranab Bardhan, Professor of Economics at the University of California, Berkeley presented at the World Bank last week on his new book, ‘Awakening Giants, Feet of Clay: A China-India Comparative Economic Assessment.

Examining the Indian and Chinese economies, Bardhan set about debunking commonly held views on the economic drivers in the two countries and also their relationship with the rest of the World.  He offered unconventional insights, but also a cautionary note on future prospects.