Cover; Title; Copyright; Contents; Preface; Chapter 1 Introduction: The Myths Floating around the Giants; Chapter 2 Economic Reform and Growth: Differing Patterns and Institutions; Chapter 3 Agriculture: Still the Most Crowded Sector; Chapter 4 Infrastructure: The Dazzling Difference; Chapter 5 High Saving, Low Financial Intermediation; Chapter 6 The Pattern of Burgeoning Capitalism; Chapter 7 Poverty and Inequality: How Is the Growth Shared?; Chapter 8 The Social Sector: The Relevance of the Socialist Legacy; Chapter 9 Environment: The Alarming Signs
Chapter 10 Looking to the Future: Through the Lens of Political EconomyAfterword to the Paperback Edition; References; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; V; W; X; Y; Z
Summary
The recent economic rise of China and India has attracted a great deal of attention--and justifiably so. Together, the two countries account for one-fifth of the global economy and are projected to represent a full third of the world's income by 2025. Yet, many of the views regarding China and India's market reforms and high growth have been tendentious, exaggerated, or oversimplified. Awakening Giants, Feet of Clay scrutinizes the phenomenal rise of both nations, and demolishes the myths that have accumulated around the economic achievements of these two giants in the last quarter c