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India, China Growth Breaks Western Mold

Essayist says market reforms are only part of the big picture

(Newser) - Conventional wisdom chalks up the economic booms in China and India to their moves toward global capitalism in the '90s. It's a comforting thought for the West, writes Pranab Bardhan in the Boston Review, but the truth is far more complex. The astounding growth in both countries started well before... More »

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