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China's Manufacturing Success Lessons for India

Author

Listed:
  • Pravakar Sahoo
  • Abhirup Bhunia

    (Institute of Economic Growth, Delhi)

Abstract

This paper attempts to study the conditions under which China's manufacturing sector thrived in the last few decades. We discuss some distinctive policies (such as in decentralisation, foreign direct investment (FDI), special economic zones (SEZ), and infrastructure development) and stress the importance of a policy framework in China's manufacturing success. It follows that India fell short on a number of aspects, and that there is considerable merit in finding lessons in China's success for India. To add topical relevance, we also discuss the recent policy changes in India to boost manufacturing.

Suggested Citation

  • Pravakar Sahoo & Abhirup Bhunia, 2014. "China's Manufacturing Success Lessons for India," IEG Working Papers 344, Institute of Economic Growth.
    • Handle: RePEc:awe:wpaper:344
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    India; China; exports; policy lessons;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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