HARD
Earn 100

What are the reasons for the slowdown of Pakistan's economy?

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Important Questions on Comparative Development Experiences of India and its Neighbours

EASY
Which of the following countries initiated its process of Economic Reforms in the year 1991?
HARD
You are aware that cheap Chinese goods are available in the market, for example, toys, electronic goods, clothes, batteries etc. Do you think that these products are comparable in quality and price with their Indian counterparts? Do they create a threat to our domestic producers? Discuss.
HARD
While India has performed relatively well vis-à-vis other developing countries (including its Asian neighbours) in terms of economic growth, India’s human development indicators are among the worst in the world. Where India went wrong ? Why did we not take care of our human resources? Discuss in the classroom.
HARD

1. There is a general perception going around in India that there is sudden increase in dumping of Chinese goods into India which have implications for manufacturing sector in India and also that we do not engage ourselves in trading with our neighbouring nations. Look at the following table, which shows exports from India to, and imports from, Pakistan and China. From newspapers and websites and listening to news, collect the details of goods and services transacted in trading with our neighbours.

Country Exports from India(in crore)     Imports to India(in crore)    
  2004-2005 2018-2019 Annual Rate of Growth(%) 2004-2005 2018-2019 Annual Rate of Growth(%)
Pakistan 2341 14426 3.7 427 3476 5.1
China 25232 117289 2.6 31892 492079 10.3

2. Calculate exports as a % of imports for both the years and discuss the probable reasons for the trend in the class.

 

 

HARD
How is China's experience different from that of India and Pakistan, in its industrial development?