http://www.eastasiaforum.org/2010/01/18/weekly-editorial-indias-challenge-to-china-in-the-growth-stakes/ Economics, Politics and Public Policy in East Asia and the Pacific Mon, 13 Feb 2012 06:23:14 +0000 hourly 1 http://wordpress.org/?v=3.2 http://www.eastasiaforum.org/2010/01/18/weekly-editorial-indias-challenge-to-china-in-the-growth-stakes/comment-page-1/#comment-138385 Jagannath Mon, 02 Aug 2010 09:01:39 +0000 http://www.eastasiaforum.org/?p=9313#comment-138385 Well the 'healthy obession' as you would like to call of comparision between China and India is a non-starter (I don't want to be rude and call it a no-brainer). China I would say is way ahead of India in terms of all the parameters. This maybe reflective of the governance system in the two countries, but there is a strong belief that Chinese believe in getting things done whereas Indians love to procastinate. Things eventually happen - they have to happen. Had the government been pro-active things would been much better but governments in India are known to work only when there is no choice aka 1991 reforms because of a sever BoP crisis. Similarly another shock would pull India out of its slumber vis-a-vis reforms and then maybe we can think of being in some competition with Chian. Not till then. Well the ‘healthy obession’ as you would like to call of comparision between China and India is a non-starter (I don’t want to be rude and call it a no-brainer). China I would say is way ahead of India in terms of all the parameters. This maybe reflective of the governance system in the two countries, but there is a strong belief that Chinese believe in getting things done whereas Indians love to procastinate. Things eventually happen – they have to happen. Had the government been pro-active things would been much better but governments in India are known to work only when there is no choice aka 1991 reforms because of a sever BoP crisis. Similarly another shock would pull India out of its slumber vis-a-vis reforms and then maybe we can think of being in some competition with Chian. Not till then.

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