Abstract

The caselet discusses the rapid progress made by China and how the political environment facilitated its economic development. It compares the economic development in China and India and explains why China is far ahead of India so far as economic progress is concerned.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Economic development in China
• Role of politics in economic development
• Economic development in India
• and Reasons for slow economic growth in India

Keywords

Goldman Sachs International, coalition governments, ASEAN, excise duties, entrepreneurship, economic development, political environment