A Comparative Study of the Economic Reforms in China and India: What Can We Learn?

Shaomin Li, Anil Nair. Global Economic Review, Vol. 36, No. 2, pp. 147-166, June 2007

Posted: 1 Jul 2008 Last revised: 6 Jul 2014

See all articles by Shaomin Li

Shaomin Li

Old Dominion University

Anil Nair

Old Dominion University - Strome College of Business

Date Written: June 30, 2007

Abstract

The last quarter of the twentieth century was characterized by economic reforms in many formerly state-dominated economies. Among them, the reform attempts by China and India have attracted increasing attention in the popular media and academic research. This paper contribute to this research by using institutional theory to analyse the reforms in China and India and develop a framework to explain how reforms evolve. This study contributes to the theoretical understanding of the dynamics of reform, helps policy-makers to formulate reform strategy, and international business executives to project the developmental trends in two of the world's largest emerging markets.

Keywords: China, India, economic reform, institutional change

Suggested Citation

Li, Shaomin and Nair, Anil, A Comparative Study of the Economic Reforms in China and India: What Can We Learn? (June 30, 2007). Shaomin Li, Anil Nair. Global Economic Review, Vol. 36, No. 2, pp. 147-166, June 2007 , Available at SSRN: https://ssrn.com/abstract=1153585

Shaomin Li

Old Dominion University ( email )

Norfolk, VA 23529-0222
United States

Anil Nair (Contact Author)

Old Dominion University - Strome College of Business ( email )

Norfolk, VA 23529
United States

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