What are the common failure of India and Pakistan as compared to China?

What are the common failure of India and Pakistan as compared to China?

Both countries face a set of common problems — the inherited legacy of a control mind-set among the government and rent-seeking private sector, widespread corruption, poor fiscal management, weak financial system and congested and overcrowded urban services.

What are the failure of planning in India?

Two factors may account for its first shortage of resources and second faulty implementation of the plans. These has been a wide gap between the targets of growth rate and their achievements during the period of planning average growth rate of Indian economy has been 4.4 percent as against the target of 5\%.

Is India the next China in terms of growth?

Odds are they are right—if not today, then within a decade or so. But even if India is the next China in terms of growth, India is a very different country than China on three fundamental dimensions. 1. India has demography on its side, whereas China faces serious demographic demons.

What happened on the China-India border in 2006?

A historic event, largely unnoticed by the rest of the world, took place on the border between China and India on July 6, 2006. After 44 years, the Asian neighbors reopened Nathu La, a mountain pass perched 14,140 feet up in the eastern Himalayas, connecting Tibet in China to Sikkim in India.

What is the India-China clash all about?

The clash between India and China on June 15 left twenty Indians and an unknown number of Chinese soldiers dead. This led to a wave of public outrage in India.

Why has India’s economic reform been slower than China’s?

India began its economic reform in the early 1990s, more than a decade after China. But in the last-quarter century, China has accelerated its economy, while India’s has weakened comparatively. Why? Chinese growth has been driven by some of the world’s highest investment rates.