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[경제] India and China's Economies - A Critical Analysis

인도 국외연구자료 연구보고서 - ResearchGate 발간일 : 2024-04-01 등록일 : 2024-04-25 원문링크

Napoleon Bonaparte the famous French military and political leader said “The word impossible is found in the dictionary of fools”. This means, everything is possible with the dedicated hard work and well plan. China proved this. In 1978, China was one of the poorest countries in the world, poorer than almost all African and Latin American countries. Today, it’s an $18 trillion economy, larger than the entire European Union (EU) and ready to surpass the U.S. within a few years. As of 2024, China and India are the 2nd and 5th largest emerging economies in the world respectively. On a PPP basis, China is at 1st, and India is at 3rd place. 

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