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Essay

Economics India And China

Essay specific features

 

Issue:

Business

 

Written by:

Yvette M

 

Date added:

August 25, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 347

 

Was viewed:

4823 times

 

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Essay content:

It is seen that before 1980 economic growth in India and China (measured in terms of growth rate of income per capita by calculating purchasing power parity) was relatively slow. However, after 1980 the economic growth in both the economies picked up pace; but the growth in China took place more rapidly than the growth in India...
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However, after 1980 the economic growth in both the economies picked up pace; but the growth in China took place more rapidly than the growth in India. This is depicted diagrammatically in Figure (1) overleaf. Today, China has a considerably higher per capita income than India. Weisskopf (1975) also mentions that industrialization ‘kick-started’ growth in the Chinese economy which resulted in GDP growth rates of 4-6% in the period from 1952-1970...
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General issues of this essay:
Market Economy Vs Command Economy China's Economy China’s Growing Economy—Helped or Hindered U.S. Economy Command Economy Vs Free Market Economy Economic effects on U.S. economy of removing all import restraints Economy of India How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come? Import Export Policy Of India India Infrastructure & economy The Unstable Economy Importance Of India’S Agricultural Economy To Its Development Command Economy Vs Free Market Economy China'S Economy Dynamic Economy Model Agent Based The Economy of China
 

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