Can India Overtake China?

Yasheng  Huang; Tarun   Khanna

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Article | Foreign Policy

Can India Overtake China?

by Yasheng Huang and Tarun Khanna

Abstract

What's the fastest route to economic development? Welcome foreign direct investment (FDI), says China, and most policy experts agree. But a comparison with long-time laggard India suggests that FDI is not the only path to prosperity. Indeed, India's homegrown entrepreneurs may give it a long-term advantage over a China hamstrung by inefficient banks and capital markets.

Keywords: Development Economics; Foreign Direct Investment; China; India;

Format: Print

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Citation:

Huang, Yasheng, and Tarun Khanna. "Can India Overtake China?" Foreign Policy, no. 137 (July–August 2003): 74–81.

About the Author

Tarun Khanna

Jorge Paulo Lemann Professor

Strategy

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Can India Overtake China?

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