Global perspective Human stories

Learning the Lessons of Chinese and Indian Economic Success

Learning the Lessons of Chinese and Indian Economic Success

Download

India and China have enjoyed some of the world's fastest economic growth in recent years.

Since 1995, average income in China grew nearly ten-fold and in India, it has nearly quadrupled.

As the global economy becomes increasingly interconnected, the growth rate of these two countries has major implications for the rest of the world.

The International Monetary Fund’s Lika Gueye spoke with James Walsh, an IMF Economist from the Asian and Pacific department who begins by explaining why he chose to compare the Chinese and Indian growth models.

Duration: 4’42”