From International Herald Tribune: “A recent newsletter from the management consultancy firm McKinsey presents three points of view on one of the hottest topics of debate: “China and India: The Race to Growth.”
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The contributors – a Harvard University professor and two McKinsey consultants – appear to agree on very little except that the two economies have adopted opposite growth models: China’s way since 1978 has been state capitalism; India’s path since 1991 has been private enterprise. ”
The full article is here.
