The purpose of this overview paper is to present the economic growth in China and India
over the last three decades with a specific focus on the integration of these countries into the
global economy. In the first part, we briefly review the long-run process of growth and
institutional change, emphasizing the reforms leading to the “opening” of the two economies.
Then, we focus on key structural features and compare the recent development processes of
the two countries. At the end, there are some hints about certain persisting imbalances and …