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China and India in the global economy

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  • Hölscher, Jens
  • Marelli, Enrico
  • Signorelli, Marcello

Abstract

The purpose of this overview paper is to present the economic growth in China and India over the last three decades with a specific focus on the integration of these countries into the global economy. In the first part, we briefly review the long-run process of growth and institutional change, emphasizing the reforms leading to the "opening" of the two economies. Then, we focus on key structural features and compare the recent development processes of the two countries. At the end, there are some hints about certain persisting imbalances and the sustainability of the growth processes.

Suggested Citation

  • Hölscher, Jens & Marelli, Enrico & Signorelli, Marcello, 2010. "China and India in the global economy," Economic Systems, Elsevier, vol. 34(3), pages 212-217, September.
    • Handle: RePEc:eee:ecosys:v:34:y:2010:i:3:p:212-217
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    References listed on IDEAS

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    1. Srinivasan, T. N., 2004. "China and India: economic performance, competition and cooperation: an update," Journal of Asian Economics, Elsevier, vol. 15(4), pages 613-636, August.
    2. Barry Bosworth & Susan M. Collins, 2008. "Accounting for Growth: Comparing China and India," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 45-66, Winter.
    3. Kaushik Basu, 2008. "The Enigma of India," Journal of Economic Literature, American Economic Association, vol. 46(2), pages 396-406, June.
    4. Lant Pritchett, 2009. "A Review of Edward Luce's In Spite of the Gods: The Strange Rise of Modern India," Journal of Economic Literature, American Economic Association, vol. 47(3), pages 771-780, September.
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    Cited by:

    1. Li, Yilin & Chen, Bin & Li, Chaohui & Li, Zhi & Chen, Guoqian, 2020. "Energy perspective of Sino-US trade imbalance in global supply chains," Energy Economics, Elsevier, vol. 92(C).
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    3. Liang Zhou & Qinke Sun & Xuewei Dang & Shaohua Wang, 2019. "Comparison on Multi-Scale Urban Expansion Derived from Nightlight Imagery between China and India," Sustainability, MDPI, vol. 11(16), pages 1-19, August.
    4. Wu, X.F. & Chen, G.Q., 2017. "Global primary energy use associated with production, consumption and international trade," Energy Policy, Elsevier, vol. 111(C), pages 85-94.
    5. Serkan TASTAN & Halil OZEKICIOGLU, 2014. "Development of European Union and China Bilateral Trade After The 2008 Financial Crisis: A Cluster Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 4(2), pages 336-343.
    6. Maya Malinda & Jo-Hui Chen, 2022. "The forecasting of consumer exchange-traded funds (ETFs) via grey relational analysis (GRA) and artificial neural network (ANN)," Empirical Economics, Springer, vol. 62(2), pages 779-823, February.
    7. Enrico Marelli & Marcello Signorelli, 2011. "China and India: Openness, Trade and Effects on Economic Growth," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 8(1), pages 129-154, June.
    8. Josef C Brada & Marcello Signorelli, 2012. "Comparing Labor Market Performance: Some Stylized Facts and Key Findings," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 54(2), pages 231-250, June.
    9. Samargandi, Nahla & Kutan, Ali M., 2016. "Private credit spillovers and economic growth: Evidence from BRICS countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 44(C), pages 56-84.

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