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China and India are the most extraordinary economic success stories of the developing world. Both nations' economies have grown dramatically over the past few decades, elevating them from two of the world's poorest countries into projected economic superpowers. As a result, the numbers of Chinese and Indians living in poverty have rapidly fallen and per capita incomes in China and India have quadrupled and doubled, respectively. This book investigates the reasons for these staggering accomplishments and the lessons that can be applied both to other developing nations and to the problem of poverty that remains in these two countries. The contributors pay particular attention to agriculture and the rural economy, examining how initial conditions and investments and the prioritization and sequencing of different policies and strategies have led to successes, and how the agricultural and rural sectors connect to overall economic expansion. They also emphasize the importance of anti-poverty programs and safety nets in helping poor people escape poverty. The book offers a set of policy and strategic options for future growth and poverty reduction. These include setting the right priorities for public spending, identifying trade and market reforms, building social safety nets for the poorest of the poor, and building accountable institutions that can provide public goods and services effectively. The book concludes by examining future challenges to China and India's economic development, such as the need to ensure growth that is sustainable, equitable, and environmentally friendly. The Dragon and the Elephant offers valuable insights to development specialists anxious to multiply the benefits experienced by two of the greatest economic successes in recent times.

Agriculture and state --- Rural development --- S20/0730 --- S11/0484 --- S11/0550 --- S20/0253 --- S21/0500 --- S20/0260 --- S20/0450 --- China: Agriculture forestry, fishery, natural disasters--Rural reforms: since 1979 --- China: Social sciences--Rural life, rural studies: since 1976 --- China: Social sciences--Social welfare system --- China: Agriculture forestry, fishery, natural disasters--General works: since 1979 --- China: Medicine, public health and food--Public health, hospitals, medical schools, etc. --- China: Agriculture forestry, fishery, natural disasters--Peasant economy --- China: Agriculture forestry, fishery, natural disasters--Land tenure and utilization: after 1949 --- Social Sciences and Humanities. Economics --- Economic Systems --- Economic Transition --- Economic Transition. --- China: Medicine, public health and food--Public health, hospitals, medical schools, etc --- Agriculture and state - China --- Agriculture and state - India --- Rural development - China --- Rural development - India

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Chinese agriculture has experienced some radical changes over the past twenty years. Following the successful introduction of the household production system in the early 1980s, difficulties were encountered in establishing a unified domestic agricultural market in the later 1980s and 1990s. Through a comprehensive analysis of the changes in the Chinese agricultural institutions between the late 1970s and the mid-1990s, this study attempts to provide some answers to the main questions presently facing the agricultural sector. It focuses on the key elements of the pre-reform agricultural institutions, reviews the ways these institutions were refashioned and assesses the resulting changes in agricultural development. The implications of different policy choices are carefully considered with the assistance of a computable general equilibrium model. The author argues that China should push forward with its market-oriented reform measures and introduce the rigours of international competition into the agricultural sector.

Economic policy and planning (general) --- Third World: agricultural and food problems --- China --- Agriculture and state --- Economic policy --- S20/0253 --- S20/0730 --- S10/0251 --- Agriculture --- -Agriculture and state --- -Agrarian question --- Agricultural policy --- State and agriculture --- Land reform --- Farming --- Husbandry --- Industrial arts --- Life sciences --- Food supply --- Land use, Rural --- China: Agriculture forestry, fishery, natural disasters--General works: since 1979 --- China: Agriculture forestry, fishery, natural disasters--Rural reforms: since 1979 --- China: Economics, industry and commerce--General works and economic history: since 1989 --- Economic aspects --- -Government policy --- -China: Agriculture forestry, fishery, natural disasters--General works: since 1979 --- -China --- -S20/0253 --- Cina --- Kinë --- Cathay --- Chinese National Government --- Chung-kuo kuo min cheng fu --- Republic of China (1912-1949) --- Kuo min cheng fu (China : 1912-1949) --- Chung-hua min kuo (1912-1949) --- Kina (China) --- National Government (1912-1949) --- China (Republic : 1912-1949) --- People's Republic of China --- Chinese People's Republic --- Chung-hua jen min kung ho kuo --- Central People's Government of Communist China --- Chung yang jen min cheng fu --- Chung-hua chung yang jen min kung ho kuo --- Central Government of the People's Republic of China --- Zhonghua Renmin Gongheguo --- Zhong hua ren min gong he guo --- Kitaĭskai︠a︡ Narodnai︠a︡ Respublika --- Činská lidová republika --- RRT --- Republik Rakjat Tiongkok --- KNR --- Kytaĭsʹka Narodna Respublika --- Jumhūriyat al-Ṣīn al-Shaʻbīyah --- RRC --- Kitaĭ --- Kínai Népköztársaság --- Chūka Jinmin Kyōwakoku --- Erets Sin --- Sin --- Sāthāranarat Prachāchon Čhīn --- P.R. China --- PR China --- Chung-kuo --- Zhongguo --- Zhonghuaminguo (1912-1949) --- Zhong guo --- Chine --- République Populaire de Chine --- República Popular China --- Catay --- VR China --- VRChina --- 中國 --- 中国 --- 中华人民共和国 --- Jhongguó --- Bu̇gu̇de Nayiramdaxu Dundadu Arad Ulus --- Bu̇gu̇de Nayiramdaqu Dumdadu Arad Ulus --- Bu̇gd Naĭramdakh Dundad Ard Uls --- Khi︠a︡tad --- Kitad --- Dumdadu Ulus --- Dumdad Uls --- Думдад Улс --- Kitajska --- -Economic policy and planning (general) --- Developing countries: agricultural and food problems --- Business, Economy and Management --- Economics --- Agriculture and state - China --- Agriculture - Economic aspects - China --- China - Economic policy - 1976-2000