Can the Indian Tiger Tame the Chinese Dragon?

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Date Submitted: 05/11/2012 10:47 AM

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Can the Indian Tiger Tame the Chinese Dragon?

(Political influence and Economic decisions of two upcoming giants – India and china)

Making an in-depth study and analysis of India vs. China economy seems to be a very hard task. It's getting harder to comprehend the world economy without understanding two of the world's most rapidly growing economic powers — China and India. A new crop of books focuses on how that astonishing growth will play out in the global economy. India and China are the world’s next major powers. And in a global economy, affected by the financial crisis, where most advanced countries are slumped into recession, India and China are growing. In a PPT India and China it has statistically compared the economies and industries between these two countries.

However, if we try to properly understand the various economic and market trends and features of the two countries, we can make a comparison between Indian and Chinese economy. If we make the analysis of the India vs. China economy, we can see that there are a number of factors that has made China a better economy than India. First things first, India was under the colonial rule of the British for around 190 years. This drained the country's resources to a great extent and led to huge economic loss. On the other hand, there was no such instance of colonization in China. As such, from the very beginning, the country enjoyed a planned economic model which made it stronger.

Most recently, as the developed world has slipped into a severe and prolonged recession – which many observers are calling a depression – China and India stand alone among major economies in registering positive growth, with the rest of the world’s economies, hoping that these emerging giants will help to bring the rest of the world out of its deep morass. Nevertheless, these countries are fragile and are still in the midst of ongoing dramatic structural reforms, facilitated by their governments in some...