TY  - BOOK
AU  - Vakulabharanam,Vamsi
TI  - Class and inequality in China and India, 1950-2010
T2  - Oxford India-China studies OICs
SN  - 9780198934127 (hbk.)
U1  - 338.95100904 VAK 23
PY  - 2024///
CY  - New York
PB  - Oxford University Press
KW  - Equality
KW  - China
KW  - History
KW  - 20th century.
KW  - 21st century
KW  - India
KW  - 20th century
KW  - Social classes
KW  - India.
KW  - China.
KW  - Economic conditions
N1  - Includes bibliographical references and index
N2  - China and India have long been central to the world economy. Two and a half centuries ago, they contributed 50 percent of the world output; after suffering a decline thereafter, their share fell to a paltry 9 percent in 1950 but has since resurged to over 25 percent today. Their growth and inequality experiences have had strikingly similar trajectories following India's independence (1947) and the Chinese revolution (1949). This book offers novel insights by meticulously analyzing the Chinese and Indian inequality stories (1950–2010) through a class lens. Moreover, it locates their inequality stories within the larger contexts of Asian and global capitalism. Vakulabharanam demonstrates that the mutual interconnectedness between Chinese and Indian growth and inequality dynamics and the transformation and evolution of global capitalism is key to understanding the within-country inequality dynamics in both countries. The book thus offers a new framework on economic development and inequality that builds on and adds to the insights of Kuznets and Piketty.
UR  - https://doi.org/10.1093/9780198934158.001.0001
ER  -