International Journal of Applied Research
Vol. 6, Issue 2, Part E (2020)
India, china and the socio-economic determinants of their competitiveness
The People's Republic of China and the Republic of India are not only the two most populous states in the world, but also two of the fastest growing economies in the last years and increasingly important engines of the globalized economy. China has been growing with nearly two-digit rates since the first reforms in 1978 and is the world-leading receiver of foreign direct investment today. Since 1980, India has been generating an average real growth of 6% per year, constantly surpassing the 8% landmark since 2003. In the years to come, economists still expect growth rates above the global average. This Paper is a modest attempt to study the Socio-Economic determinants of competitiveness between India and China.
How to cite this article:
Pappu Kumar Paswan. India, china and the socio-economic determinants of their competitiveness. Int J Appl Res 2020;6(2):333-337.