Economic Reforms In India And China: Emerging Issues And Cha

Description:
The role of India and China is expanding in the global economy. A whole new array of economic and financial issues are emerging which need to be tackled if the current period of growth is to endure. The issues that need attention are: how to expand the services sector, especially financial services; how to keep pace with the incredible growth of the manufacturing sector; how to ensure the widest possible diffusion of the huge economic gains seen over the last ten years; and, how to provide the framework for the development of two-fifths of the human race. 'Economic Reforms in India and China: Emerging issues and Challenges' aims at providing the goals, strategies and policies to tackle these issues. It discusses the efforts to address issues like encouraging less successful sectors of the economy that have been complicated by forces of globalization and the ever-changing realities of today's global economy and appraises issues pertaining to economic reforms.The articles explore ways to improve the well-being of the poor, to design effective structures and institutions for poverty reduction and how the reforms, in their economic, political and social dimensions can be used to tackle global developmental issues.

Table of Contents:
Introduction: Economic Reforms - Unanswered Questions and Open-Ended Answers - B Sudhakara Reddy PART ONE: UNDERSTANDING REFORMS Political Economy of Post-1991 Reforms - Suresh D Tendulkar and T A Bhavani Institutional Reform, Trade and Growth: The Experiences of India and China in a Global Economy - Brigitte Desroches, Michael Francis and Francois Painchaud Impact of Economic Reforms and Globalization on Engineering Education Sector: A Comparison of India and Chinese Scenarios - N J Rao and K G Viswanadhan A Comparative Study on the Implications of Economic Reforms on Poverty in India and China - C Ramasamy and K Lokanadhan PART TWO: FISCAL DECENTALIZATION Financial System in India and China: A Comparative Study - Narendra Jadhav and Janak Raj Investment Climate and Productivity in Indian States - C Veeramani and Bishwanath Golder Export-led Growth: Characteristics Contrasting India and China - Sebastian Morris China and India: What Do Their Business Firms have to Say? - Rajalaxmi Kamath PART THREE: FDI, BANKING AND INSTITUTIONS FDI Flows in India and China - D Krishnamoorthy Financial Sector in China: Issues and Challenges - Surjit Singh Foreign Direct Investment: A Comparative Study of China and India - Anjali Kulkarni Myth and Reality of FDI Flows: Indian and Chinese Integration with the Global Economy - Dolly Sunny PART FOUR: AGRICULTURE, TRADE AND WTO Impact of China's Access to WTO on FDI in Wuxi - Fu Xianzhi and Cai Jianying China's Agriculture and WTO Accession - Jatinder Bir Singh Impact of Reforms on Agricultural Trade in India and China - Tulsi Lingareddy PART FIVE: SECTORAL STUDIES Regulation of Employee Inventions within Patent Law: A Comparative Overview of China and India - Rajesh Sagar and Aditya Nagarsheth Emerging Challenges in Pension Policy: Perspectives from China and India - Kumudini Hajra Prospects of Ancient Medical Systems in India and China in Today's World - Arijit Dutta Energy-Environment Linkages in India and China: A Comparative Review of Issues and Challenges - Ashir Mehta