- Words: 2430
- Length: 8 Pages
- Topic: History - Asian
- Paper #: 878300
But India could catch up if it successfully encouraged private companies to compete and survive, put a check on poorly performing financial institutions and those yielding to political compromises. These measures could help boost India's savings and investment. On the other hand, China also needed to catch up with India's institutional strength (Prime).
But both continue to be plagued with respective problems. China continues to suffer from serious situations, such