The Growth Future India and China
Posted on August 29, 2008
Arvind Subramanian says when it comes to sustaining economic growth, China is likely to do better than India:The growth future India and China, by Arvind Subramanian, Vox EU: Can China and India sustain their current growth rates? A traditional answer to this question is conditional: yes, provided they continue to implement policy reforms. But historical experience allows a less guarded answer. There are few examples of countries that have grown as strongly and for such long periods as India and China have 6% and 10%, respectively, for nearly three decades and then suffered a sharp...
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demand , economic , economic growth , policy default explanation
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