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CHAPTER 36 Economic Growth in Developing and Transitional Economies
Economic Development: Sources and Strategies
Two Examples of Development: China and India
China and India provide two interesting examples
of rapidly developing economies. While low percapita incomes still mean that both countries are
typically labeled developing as opposed to
developed countries, many expect that to change
in the near future.
Many commentators expect India and China to
dominate the world economy in the twenty-first
© 2009 Pearson Education, Inc. Publishing as Prentice Hall Principles of Economics 9e by Case, Fair and Oster
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