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DEVELOPMENT EXPERIENCE : COMPARISON WITH NEIGHBOURS

Important terms and concept
Every country aims at strengthening its domestic economy. To achieve its objectives in today’s world of globalisation , it is important for the developing countries to also understand the strategies being pursued by their neighbours to understand the functioning of the world markets The nations are forming regional and global grouping like SAARC ,EUROPEAN UNION, ASEAN, G-8, G-20 etc. to promote development of their economies in the globalised world.

China and Pakistan Basis of difference Type of economicsystem India China Pakistan Mixed economic system Socialistic economic system Mixed economic system Governmen Democracy People’s Democracy t rule with federal Republic of govt. china one party rule .Dissimilarity in the development strategies : India .

A Bird’s –eye view  Similarities in the development strategies : India .China and Pakistan Basis Independan ce 1st five year plan Completion of plan till 1998 India China Pakist an 1947 1956 1947 1949 1951 1953 8 five 10 five 8 five year year year plan plan till plan 2006 .DEVEPMENT STRATEGIES.

 The reform introduce by china in 1978 resulted in fast economic growth. Severe drought caused the death of 30 million people .  GLF campaign met with many problems . Mao introduced the Proletarian Cultural Revolution (1966-76). Under Commune system land was collectively cultivated.  Dual pricing system was introduced as part of reforms.  In 1965. there were 26000 Communes covering almost all farmers.  Special economic zones were set up in order to attract foreign investors. The revolution sent students professionals to work and learn from countryside. In 1958. Farmers and industrial units were required to buy and sell fixed quantities of inputs and output on the basis of price fixed by the government and the rest were purchased and sold at market price. People were encouraged to set up industry in the backyard  Communes were started in rural areas. . The conflict with Russia was also harmful for China. It aimed at the industrialisation of the country on a very large scale. Reforms were introduced in phases.Development status at Present China:  The GLF (Great Leap Forward ) campaign was initiated in 1958.

4 2.8 30 % 937 1.China and Pakistan) Indicators Estimated population (in millions) Annual growth of population(1990-2003) Density (per sq. Km) India 1103.5 193 Sex ratio 933 3.1 33.6 1.0 27.7 1.4 54 % Fertility Rate Urbanisation Improved sanitation facilities .0 138 Pakistan 162.8 36.Developmental Path (India .7 358 China 1303.1 44 % 922 5.

Showing Growth of Gross Domestic Product (%) (1980-2003) Country India China Pakistan 1980-90 5.8 9.3 19902002/2003 5.7 10.7 3.6 .3 6.

Table Showing Sectoral Share of Employment and GDP(2003) Sector Contribution to GDP(2003) India China Pakistan Agricultu 23 re Industry 26 15 53 23 23 Service Total 51 100 32 100 54 100 .

Table Showing Sectoral Distribution of Workforce SECTOR DISTRIBUTION OF WORKFORCE CHINA (1997) 54 27 19 100 PAKISTAN (2000) 49 18 33 100 INDIA (2000) Agriculture 60 Industry Service Total 16 24 100 .

755 85 71.527 135 63 48.Table showing Some Select Indicators of Human Development (2003) Basis HDI(value) Rank Life Expectancy at Birth(years) Adult Literacy Rate GDP per capita (PPP US $) People Below Poverty Line Infant Mortality Rate Maternal Mortality Rate (Per 1 lakh live birth) Population under.0 2892 34.6 30 56 11 Pakistan 0.nourished ( %of total) India 0.4 81 500 20 .7 63 540 21 China 0.6 90.9 5003 16.3 61.602 127 63.7 2097 13.