Description: Since the processes of globalization and liberalization were put into effect in the 1990s, world attention has shifted to India and China. These two countries not only account for 40 percent of the world population but 20 percent of the global economy too, and both are the fastest growing economies worldwide. Though these two countries subscribe to different political ideologies, China is much ahead of India. This calls for a better understanding of how these countries attained such gigantic proportions of economic Book > Business & Economics > Development - 245 so that other countries can take their example and get ahead. But understanding the economic Book > Business & Economics > Development - 245s of these countries, explaining them and shaping and managing them are daunting tasks for the modern-day generation. This book makes a bold attempt at presenting a comprehensive overview of the economies of these countries and outlines the need for economic cooperation between them .