Comparing China and India: Is the dividend of economic reforms polarized?

Comparing China and India: Is the dividend of economic reforms polarized?

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The paper compares the economic performance of China and India during the period of their ongoing reform policies.It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India.The results show that national-level development quality grew three times faster in China than in India.

Conversely, the health quality oakley multicam sunglasses index grew three times as fr9997 fast in India than China over the period 1980-2004, narrowing the gap in outcomes.The overall regional development quality level improved in both countries, but polarization widened in China.The direction of overall inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies.

The inter-regional economic polarization in recent years is more pronounced in India.