Comparative study of india pakistan and china ppt
Answers
After the Independence in 1947, India & Pakistan adopted planned development
programmes which relied on public sector to spearhead the process of growth and development.
• China adopted more rigorous model of growth in 1949 and it decided to bring all critical
areas of production activity under government control.
• The great leap forward (GLF) campaign was launched in 1958, focusing on widespread
Industrialization of the Economy. People were encouraged to launch household Industry
in the country yards.
• China adopted Commune system of agricultural production which was a system of
collective cultivation.
• Great Proletarian Cultural revolution launched in 1065 and making it mandatory for the
students and professionals to go to the country side to work and learn from the
countryside.
• Chinas Export driven manufacturing is the key parameter of its success story in economic
growth.
• Till about 1980, the economies of India, china, & Pakistan did not show much divergence
in the GDP growth rate and it was around 4% annually.
• It was around early 1980s in China, mid 80’s in Pakistan, 90’s in India that the
breakthrough in GDP Growth rate was recorded.
• In 2005, India & Pakistan both recorded GDP growth of 6 to 8 percent, where as china
recorded GDP growth of about 10% per annum.