: Sangaralingam Ramesh
: China's Lessons for India: Volume I The Political Economy of Development
: Palgrave Macmillan
: 9783319581125
: 1
: CHF 85.30
:
: Volkswirtschaft
: English
: 274
: Wasserzeichen/DRM
: PC/MAC/eReader/Tablet
: PDF

This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China's economic experience over the last 40 years. The aim of the two books together is to evaluate China's incremental reforms and how these reforms have impacted on the Chinese economy, based on a classical rather than from a neoclassical perspective using a case study method.

In this first volume, the author examines India's emergence from socialism and central planning as being in sharp contrast to China's experience, and considers how we might compare the institutional difference between the countries. It also covers a theoretical grounding for the comparison of the two largest populated countries in the world, which will be taken up by the second volume.



Dr Sangaralingam Ramesh is Economics Tutor in the Department of Continuing Education at the University of Oxford, UK, Lecturer in Economics at the Universite Paris Dauphine GBD in London, UK, and Economics Module Leader at Kings College London, University of London, UK. He has published articles in International Journal of Economic Sciences and Applied Research, Journal of the Knowledge Economy and Journal of Economics and Sustainable Development.

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Preface6
Acknowledgements8
Contents10
List of Figures11
List of Tables13
List of Maps14
1 Introduction15
References34
2 An Economic History of India37
Introduction37
Commercialisation of Agriculture and De-Industrialisation40
The Post-independence Period 1947–199043
Reform and the Post-reform Period 1991–201547
State of Economic Reforms in India56
National Highways Development Project (NHDP) 200160
Special Economic Zones61
National Manufacturing Policy62
Make in India63
National Investment and Manufacturing Zones (NIMZs)63
Delhi–Mumbai Industrial Corridor64
References66
3 Models of Economic Growth, Institutional Differences and Socio-economic Costs of Development69
Introduction69
Neoclassical and Endogenous Economic Growth70
Knowledge Spillovers and Entrepreneurship73
Technology Transfer80
Institutional Differences Between India and China83
Socioeconomic Costs of Development94
Conclusion95
References99
4 Modelling China’s Economic Growth105
Poverty and Development Policy107
Development of China’s Western Region117
Market Structure118
Market Integration119
Effects of Infrastructure122
Special Economic Zones123
Why the Case Study Methodology?125
Case Study: Propositions127
Case Study: Criteria and Variables129
Construct, Internal, External Validity and Reliability130
References133
5 Spatial Economics: Theoretical Framework135
Spatial Economics and Regional Growth Strategies135
Gunnar Myrdal136
John Friedmann136
Friedmann’s General Theory140
New Economic Geography142
Infrastructure and Trade146
References151
6 Infrastructure, Trade and Income Disparities154
Infrastructure and Long-Run Economic Growth154
Trade and Trade Costs157
Regional Income Disparities163
Frontier Empirical Spatial Economics166
Transport Costs and the New Economic Geography172
Input-Output Analysis in Spatial Economics174
Interregional Input-Output Analysis177
Input-Output Multipliers and Non-Survey Methods179
Input-Output and the Chinese Spatial Economy181
Agglomeration and Regional Linkages in China184
Conclusion185
References188
7 Transportation Infrastructure and Spatial Development in China194
Infrastructure Projects in the Maoist Period, 1952–1977197
The Great Leap Forward203
The Cultural Revolution207
Infrastructure Projects During Deng Xiaoping’s “Four Modernizations”1978–1995212
Post Mao Economic Policy220
Infrastructure and the Post-1978 Economic Reforms225
Market Integration230
Price Distortions and Infrastructure Investments236
The Western Development Program241
Pakistan China Economic Corridor (PCEC)247
“Innovation, Coordination, the Environment, Opening up and Sharing”, 2016–2020250
References258
Conclusion264
Index266