A tale of two economies

Print edition : August 09, 2013

A production line at a toy factory in Shantou in China’s eastern Guangdong Province. Photo: AFP

Desilting of the Keezhmaruvathur lake in Kancheepuram district, Tamil Nadu, under the NREGA scheme. The scheme lays no emphasis on the creation of productive assets and thereby has limited potential for large-scale social transformation, says Ashwini Saith in the essay on guaranteeing rural employment . Photo: N. Sridharan

A collection of essays that provides a comparative analysis of how the economies of India and China coped with serious challenges following liberalisation.
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