RES: Once a Close Economic Rival of China, India Falls Behind

Alexandre Fenelon afenelon at zaz.com.br
Sat Nov 30 13:49:23 PST 2002


-----Mensagem original----- De: owner-lbo-talk at lists.panix.com [mailto:owner-lbo-talk at lists.panix.com]Em nome de Ulhas Joglekar Enviada em: sexta-feira, 29 de novembro de 2002 22:02 Para: lbo-talk

Gini coefficient comparison show China is a more unequal society than India.

-You´re right. WB statistics give a Ginni index of 32 to India (a fairly -good result) and 40 to China. Before the reforms, China had a Ginni index -of 15. When you compare other social indexes (life expectancies, illiteracy -infant mortality), the differences between China and India already existed -before 1978 and Chine didn´t have a better performance since then...it seems -capitalist reforms were good to improve economic performance, but mediocre -while we consider HDI related indexes.

China has a compulsory one child policy, India doesn't have that policy.

-To some extent it explains the better Chinese economic performance after -1976. But according to Maddison China also had a better economic performance -from 1949 to 1976 (2,9% vs. 1,5% growth in per capita GDP) despite they -didn´t pursue one child policy.



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