Two passages to modernity / Bruce Gilley -- The causes of differential development: beyond regime dichotomies / Joydeep Mukherji -- Chasing China: can India bridge the gap? / Subramanian Swamy -- India's reform strengths / James Manor -- The persistence of informal finance / Kellee S. Tsai -- The political basis of decentralization / Assema Sinha -- Indigenous versus foreign business models / Yasheng Huang and Tarun Khanna -- Why democracy matters / Edward Friedman -- China rethinks India / Huang Jinxin -- Development and choice / Tony Saich
Summary
This edited volume reconsiders the conventional wisdom, which argues that comparative performance (in economic, social, political, as well as diplomatic arenas) of China has been superior to that of India. The book brings together 'new paradigms' for evaluating the comparative performance of two countries. The essays show that if not outright wrong, conventional wisdom has proven to be overly simplified. The book brings out the complexity and richness of the India-China comparison