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Does China or India have stronger economic growth prospects?
Please use models relating to capital accumulation, TFP, and human capital. The aim is to use these frameworks to make sense of the various data to fashion a coherent answer to the questions set.
Good answers will correctly use the models covered in class to provide a framework for your answers. They will also arrange the data in a coherent way that utilises the theoretical ideas and combines them with your own judgements as to what matters for growth.
The very best answers will also provide some critical evaluation of these models and the data and in addition show independent thought.
Recommended data sources
WEF Global Competitiveness
World Bank: (Governance)
International Monetary Fund
Words limit: 600 words
Verified Expert
This paper considers the Solow model and its variables to determine and analyse growth prospects for China and India. It discusses and recognises capital per capita, population growth and technological advancement as major variables to derive prospects of growth. This paper has been prepared on google docs.
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