China and India : emerging giants on the Asian economic scene

"...This paper compares and contrasts the recent economic growth performances of China and India using a range of key economic and socio-economic performance indicators. From the experiences of the eight HPAEs - Japan, Hong Kong, Korea, Taiwan, Singapore, Indonesia, Malaysia and Thailand, the 1993 World Bank Report, identified several factors, some compulsive, some permissive, some generic and some applicable to only some countries, that contributed to the spectacular economic performances of these pacesetters. This paper assesses the extent to which these growth-promoting factors are present, or emerging, in China and India, as well as identifying a range of growth-inhibiting factors in each country."--p.1.