Inclusive Growth and Development in the 21st Century

A Structural and Institutional Analysis of China and India

Using case studies of both China and India, this book reinforces the fact that the processes of economic growth and development are dynamic and organic in the sense that structural and institutional elements are not only interrelated, but also constantly changing in their patterns of interactions — more so during the transitional period of both countries. Inclusiveness or its lack in some specific socio-economic sector/context, geographical region/state or economy as a whole is critically analysed, using recent data on both the countries from different sources.

Contents:

• Structuralism and Institutionalism in Development Economics/Studies:

  • Convergence of Structuralism and Institutionalism in Development Economics and Studies — Revisited (Dilip Dutta)

• Structural and Institutional Analysis of Contemporary China's Growth and Development:

  • Shifting the Discourse on China's Growth and Development: It is the Quality Not the Speed of Growth That Matters (Limin Wang)
  • Major Factors Behind Regional Disparity of Economic Growth in China During 1996–2010 (Dilip Dutta and Yibai Yang)
  • Inclusive Growth and SME Finance in China (Wei Li and Hans Hendrischke)
  • Service Sector's Growth in China: The Role of ICT, Non-ICT and Human Capitals (Dilip Dutta and Guan Long Ren)

• Structural and Institutional Analysis of Contemporary India's Growth and Development:

  • Compressed Capitalism and the Challenges for Inclusive Development in India (Anthony P D'Costa)
  • Socio-Economic Dynamics of the ICT Industry's Regional Growth in India (Dilip Dutta and Supriyo De)
  • Women's Employment as a Barometer of ‘Inclusive Growth’: How Well is India Doing? (Elizabeth Hill)
  • Initiatives for Inclusive Growth at the State level: Challenges for Andhra Pradesh (Meera Lal)

Readership: Students, academics, economists, business analysts, policy makers, and general public interested in Chinese and Indian economies.
Key Features:

• Highlights the relevance of two newer methodologies of neostructuralism and new institutionalism for socio-economic analysis of contemporary China and India
• Analyzes the nature of economic growth and developmentin China since the early 1980s and India since the early 1990s
• Focuses on a number of China's and India'ssocio-economic and political issues including speed and quality of growth, regional disparity, women's employment, structure of national and global capitalism
• Evaluates role of human capital, finance, information and communication technology
• Examines inclusiveness or its lack in the context of economic growth and development in both China and India