Comparing China and India: Is the dividend of economic reforms polarized?

Comparing China and India: Is the dividend of economic reforms polarized?

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The paper compares the economic performance of China and India during the period of their ongoing reform policies.It develops a new measure of development, namely, a development quality index (DQI), luvy duvy ice cream to compare performance of China and India.The results show that national-level development quality grew three times faster in China than in India.

Conversely, the health quality index grew three times as fast in India than China over the period 1980-2004, narrowing the gap in outcomes.The overall regional development quality level improved in both countries, but polarization widened in China.The direction of overall inter-regional polarization in China indicates hp 14a-na0031wm a rising concentration of development gains from economic reform policies.

The inter-regional economic polarization in recent years is more pronounced in India.