Nobody downloaded yet

Comparative study: China/India: The role of the state in the development - Essay Example

Comments (0) Cite this document
An ancient civilization and an emerging economic powerhouse in the heart of Asia, China is quickly developing one of the strongest economies in the world. Chinese products can be found all over the world from Athens to Zurich and since its cautious embrace of a more…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.2% of users find it useful
Comparative study: China/India: The role of the state in the development
Read TextPreview

Extract of sample "Comparative study: China/India: The role of the state in the development"

Download file to see previous pages China today represents a new form of economic development and this country has witnessed sustained financial growth while resisting pressures to democratize and has continued to develop inline with Maoist socialist thought. Oftentimes, the economic model of development propagated by China today is described as “authoritarian capitalism” (Gat 2007, 33).
China and India have recently taken steps towards the embrace of market-oriented principles. While capitalism and entrepreneurship remain relatively new concepts in China, these concepts are starting to take hold. How has China developed over the past century? What is the recent history of China and how does this history explain the model of development which it has decided to pursue? Similarly, how has India developed over the past century? What is the recent history of India and how does this history explain the model of development which it has decided to pursue? What roles does the state play in the Chinese and Indian economies and lastly, how have these economies grown under globalization? These questions, and many more, will be addressed in this exploration of China and India and their embrace of capitalism, state-led development and entrepreneurship today. We now turn to an introduction to the globalization phenomenon and the role of neoliberalism in the growth of globalization today.
Globalization, as it exists today, rests largely on the shoulders of neoliberal economics and the global entrenchment of capitalism as the dominant economic system in the world. Neoliberalism, the belief in laissez-faire economics, was best articulated by Margaret Thatcher in the United Kingdom and Ronald Reagan in the United States in the 1980s. US President Ronald Regan famously remarked “government was not the solution but the problem” (Hobsbawm 1994, 133). Neo-liberals put all of their faith in the distributive capabilities ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Comparative study: China/India: The role of the state in the Essay”, n.d.)
Comparative study: China/India: The role of the state in the Essay. Retrieved from
(Comparative Study: China/India: The Role of the State in the Essay)
Comparative Study: China/India: The Role of the State in the Essay.
“Comparative Study: China/India: The Role of the State in the Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Comparative study: China/India: The role of the state in the development

State Bank of India

...the SBI to take over several state-owned banks as its subsidiaries (State bank of India). In this regard, it is apparent that the government has been playing a crucial role in dictating the operations of SBI. On another dimension, the bank has been having external influences in its operations. This is seen where the bank was commissioned to foster rural development projects through provisions of finance incentives to the country’s agricultural industry. In addition, the bank also helped in infrastructure development by offering credit and other financial assistance to villages (State bank of India)....
8 Pages(2000 words)Essay

India and China traditions

...and bounds economically and attracting huge FDI globally. Even Indian companies are expanding by acquisition and mergers at foreign lands and showing their mettle in the international arena. India is pushing the economic development through collaborative approach in line with the past age old traditions of cultural diversity. Conclusion Both the countries, China and India are on the fast track of growth and likely to become top two economies of the world in next 15-20 years or so in terms of purchasing power parity (PPP) perspective. China and India together constitutes almost 45 percent of the world population. They were at the...
3 Pages(750 words)Essay

China vs India

...?The Relations Between US, China, and India Part I: Security Strategy of India vs. China India has developed in terms of national defense and security. Like any other countries. India’s security strategy is basically technology-driven.1 It has undergone several nuclear tests to improve the level of their security to protect the national interest. But Pant said, “The biggest challenge for India remains that of continuing to achieve the rates of economic growth that it has enjoyed in recent years--everything else is of secondary importance.”2 China, on the other hand, has also undergone...
2 Pages(500 words)Essay

Comparative Study of State and Local Governments

...? Comparative Study of and Local Governments Comparative Study of and Local Governments Introduction In the American democracy, different states have different and exclusive ways of conducting and running daily businesses. This occurs due to differences in ideology that exist between the people responsible for implementing related laws. For instance, new governors in states and governments come up with their own reforms that are biased to fit their leadership styles. This paper will give distinguishing features that bring out a difference in running of the states and governments. This paper seeks to answer the question:...
8 Pages(2000 words)Research Paper

Comparative Analysis of FDI Trends in China and India

...? Comparative Analysis of FDI Trends in China and India: An Examination of the Favourable FDI Trends in China. Introduction In the World Investment Prospects Survey released by the United Nations Conference on Trade and Development showed that China is the most popular destination for foreign trade in the World (Siyu, 2010). China increased its foreign direct investment by 20% between 2009 and 2010 and is to continue increasing its position in the next five years (Siya, 2010). In the same survey, Brazil, Russia and India came in the top five. However, China remained the topmost and most...
11 Pages(2750 words)Essay

India and China

...serves several roles throughout her life at different stages of life. Every female is expected to go through two stages of life, the first stage is when an Indian female assumes the position as a daughter in Indian family and the second stage is when she assumes the position of being a wife along with a daughter in law in her life. As an Indian female child or daughter, the parents of an Indian girl expect her to enjoy her life, concentrate on her studies and become an obedient child to her parents. For example, Sita in Sarena Nanda’s article named “Arranging a Marriage in Indiastates that as a child her family does not expects her to find a boyfriend and a future...
3 Pages(750 words)Essay

Economic development of India and China

...and India. International Journal of Business & Social Science, 2(6), pp.50-61. Liu, G.S., Liu, X., and Wei, Yingqi. 2005. Openness and Efficiency of Malaysia, India and China Relative to the World Economy: A Comparative Study. Malaysian Journal of Economic Studies, 42(1/2), pp.41-61. Massetti, E. 2011. Carbon tax scenarios for China and India: exploring politically feasible mitigation goals. International Environmental Agreements: Politics, Law & Economics, 11(3), pp.209-227. Mitra, R. 2013. The Neo-Capitalist Firm in Emerging India: Organization-State-Media Linkages....
7 Pages(1750 words)Essay

Comparative study

...A Comparative Study Of Sean OCasey’s - the Plough and Stars, Sue Monks Kidd - the Secret Life of Bee’s and inside Im Dancing Submitted by: XXXXXXXXX Student Number: XXXXXXXXX University of XXXXXXX Tutor’s Name: XXXXXXX Subject: XXXXXXX Subject Code: XXXXXX Number of words: XXXXXX Date of Submission: 23- 05- 2009 Themes Used: The Secret Life of Bees is a book which wraps a coming of age story of a little girl in search of her mother. This book has highlighted and touched upon serious matters like the racial discrimination and the civil rights movements. Also a strong stir of feminism and spirituality has also been portrayed. The novel is one which is a non – fiction and has been able to rightly portray the...
2 Pages(500 words)Coursework

India: The Postcolonial Nation-State

...development but also to help create and “develop” the Indian State and thus nation. He sought “to coordinate within the form of a modern state a variety of values: democracy, religious tolerance, economic development and cultural pluralism” (Khilnani 1997, pp.11-12). The problem with a modern state arises when the need for unity comes up against stated aims like democracy and cultural pluralism. In India, Hindu nationalism has long sought an imposed unity which would come at the expense of tolerance and, in some cases, democracy. Nehru sought a subjective modernity which would carve out a place for...
6 Pages(1500 words)Essay

China Fragile State Analysis

...China Fragile Analysis China Fragile Analysis Introduction Fragility defines a that is not in a position to provide security, social and economic development to its citizens. The definition places China in the limelight and the need to identify the source of its economic problem arises. Fragile states are mostly vulnerable to issues such as economic crisis and other natural disasters. A fragile state also experiences slow growth as compared to other low-income states and the progress on tackling chronic poverty is low (Brown & Langer, 2012). China still faces major challenges on social,...
9 Pages(2250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Comparative study: China/India: The role of the state in the development for FREE!

Contact Us