Political Democracy and Economic Performance——A Survey of the Indian Development Model

doi:10.16382/j.cnki.1000-5579.2007.02.006

Abstract

Abstract:

In 1991 India started to carry out market - oriented reforms after its explorations lasting half a century.Its remarkable economic achievements have been regarded as an unusual phenomenon which consists of a series of development institutions and structures. To some extent India's road is called the Indian model that is deemed to be better and more potential than the Chinese model. Owing to its political democracy established before its economic freedom, India was confronted with a sharp conflict between economic growth and allocation of social welfare in transition, which weakened effectiveness of India's democracy in practice. When its ability to govern the state did not have an effective elevation, India's political democracy could not provide an effective motive force for economic growth. Understanding India's lessons and experiences is meaningful for us to modify and perfect the Chinese model.

Key words: political democracy, economic performance, India, development model

CLC Number:

Hua WANG. Political Democracy and Economic Performance——A Survey of the Indian Development Model[J]. Journal of East China Normal University (Philosophy and Social Sciences), 2007, 39(2): 33-38.

Figures/Tables 1

References 14

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