Comparison of Governmental Policies of India and China Regarding Essay

Comparison of Governmental Policies of India and China Regarding Economic Progress and Social Wellbeing - Essay Example This essay is one of the best examples of comparative economic analysis of the government involvement in promoting economic growth in China and India from 1950s to 2010s. Efforts to improve the social, economic and political systems in the countries around the world lies on the hands of the political leaders representing these sovereign states. However, this responsibility does not lie solely on one specific regime of leadership. Instead, it depends on the historical context of issues and policies that a series of governments in the countries put into place. The most successful economies around the globe affiliate their economic stability with the strategic devoted participation of the past government institutions in the countries’ history. Perfect examples of countries with improved economic status are China and India. However, the extents and strategies employed in these states differ. Similarly, the social well-being of the citizens of each of the named countries differ substantially. China and India have long economic histories. A series of challenges posed by the international economic forces may have played a paramount role in the development of counter-strategies in the two countries. Chinese government has been very active in ensuring that the social welfare of the citizens becomes a priority. For instance, the Indian government facilitated the slow progress of the economy despite increased propositions by renowned economies. The rate at which two governments facilitated industrial development differs substantially.