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Transformation and Development: The Political Economy of Transition in India and China

Amiya Kumar Bagchi and Anthony P. D'Costa

Abstract

India and China—the two largest and fastest growing economies in the world—are contributing to the realignment of the global economy while most of the advanced capitalist countries are reeling under a severe financial crisis. At the same time, the transition in the two countries is characterized by deep rural poverty and underdevelopment, unprecedented forms of social and economic inequality, reliance on volatile export markets, brutal land grabs, and forms of crony capitalism. This volume brings together twelve wide-ranging essays that collectively engage in discussing key areas of transforma ... More

Keywords: India, China, economic development in India and China, rural poverty, inequality, exports markets, land grabs, crony capitalism, east-west relations, north-south relations, India-China comparison

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780198082286
Published to Oxford Scholarship Online: January 2013 DOI:10.1093/acprof:oso/9780198082286.001.0001

Authors

Affiliations are at time of print publication.

Amiya Kumar Bagchi, editor
Professor, Economics, and Director, Institute of Development Studies Kolkata, India

Anthony P. D'Costa, editor
Professor, Indian Studies, and Research Director, Asia Research Centre, Department of International Economics and Management, Copenhagen Business School, Copenhagen, Denmark