Advertisement
Published in:
2011 | OriginalPaper | Chapter
Competition and Management in the Manufacturing Sector in China and India: A Statistical Overview
Authors : Moriki Ohara, Hong Lin
Published in: Industrial Dynamics in China and India
Publisher: Palgrave Macmillan UK
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
The per capita GDP of China and India remained almost the same until 1990, when it stood at USD388 for India and USD343 for China. However, the pace of increase subsequently widened significantly, leading to a gap in the average annual growth of the per capita GDPs during the period from 1990 to 2008, when it grew by 13.3% for China and 5.5% for India. As a result, in 2008, per capita GDP in China was USD3,266, three times more than India’s, which was USD1,017. As far as GDP growth is concerned, China seems to follow the path of its East Asian antecessors, Taiwan and Korea, in a 25-year time lag, whereas India does not seem to have entered into such a trajectory of high economic growth.