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Full-Text Articles in Social and Behavioral Sciences
A Comparative Study: How Educational And Healthcare Preparedness Affected Marketization Of The Chinese And Indian Economies, Cindy Arjoon
A Comparative Study: How Educational And Healthcare Preparedness Affected Marketization Of The Chinese And Indian Economies, Cindy Arjoon
USF Tampa Graduate Theses and Dissertations
In this archival study, I explore reasons why India's economic takeoff into marketization in 1991 failed to meet the same success as China in 1979 when it made the same transition. I analyze the impact of education and healthcare on development and how investments in both sectors can yield significant returns privately and socially. The research in this paper seeks to answer the following question: Why was the Indian economy unable to meet the same success as China when developing a global, open market economy?
In order to answer this question, I begin by proving a solid relationship between education, …