The Financial Evaluation of Population Growth in Relation to Development Aid: China Versus India (Two Nation Brands’ Stories)

Autor: Rostislav Mansfeld, Barbora Růžičková
Rok vydání: 2017
Předmět:
Zdroj: The Impact of Globalization on International Finance and Accounting ISBN: 9783319687612
Popis: For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as well as capital flows to GDP. So why did China outperform India twice in terms of GDP growth and why is India first now catching up?
Databáze: OpenAIRE