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Prof. Anusha Chari of the University of North Carolina on shocks and capital flows in emerging markets

Scientific Sense ®

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What's the Difference Between India and China?

i akno, thet yo ave done a lot of work on emerging markets, in lluring india. It seems to me that the other two types of liberalization are not so different from each other. In china they can have this control planned way off af developing the country and implement necessary reforms. Whereas in india, you know, the reforms have been, the initial reforms were quite big, but after the balance of panens crisis of 19 91, the following that, it's being very piecemeal.

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